When a deferral adjustment is made to an asset account,that asset becomes a(n):
A) liability.
B) other asset.
C) revenue.
D) expense.

Name: When a deferral adjustment is made to an asset account,that asset becomes a(n): A) liability. B) other asset. C) revenue. D) expense.
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Quizplus · Accepted Answer

When a deferral adjustment is made to an asset account, it typically means that the asset has been used up or consumed, and it is recognized as an expense.

When a Deferral Adjustment Is Made to an Asset Account,that