How does the adjustment for depreciation differ from other deferral adjustments? Multiple Choice The depreciation adjustment results in an increase to a long-lived asset account, while the other deferral accounts. The depreciation adjustment uses a contra-asset account rather than reducing the asset account directly. The depreciotion adjustment increases a liobility account rother than reducing an asset occount directly. The depreciation adjustment is not a deferral adjustment, but rather an occrual adjustment