EA2. L 4.2 Identify whether each of the following transactions, which are related t expense recognition, are accrual, deferral, or neither. A. paid an expense for the current month B. prepaid an expense for future months. C. made a payment to reduce accounts payable D. incurred a current-month expense, to be paid next month Solutie

EA2. LO 4.2 Identify whether each of the following transactions, which are related expense recognition, are accrual, deferral, or neither. A. paid an expense for the current month B. prepaid an expense for future months C. made a payment to reduce accounts payable D. incurred a current-month expense, to be paid next month