I have a couple of questions. Please answer clearly, no typos and thoroughly. Thanks!1) What are accrual adjustments and defferal adjustments? When and how do you make them?2) What is the difference between Wages Expense and Wages Payable. When and how are they used and on what statement3) Are they CR or DR and Real or Nominal

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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I have a couple of questions. Please answer clearly, no typos and thoroughly. Thanks!

1) What are accrual adjustments and defferal adjustments? When and how do you make them?
2) What is the difference between Wages Expense and Wages Payable. When and how are they used and on what statement
3) Are they CR or DR and Real or Nominal

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