A warrant is a legal document issued by a judge or other judicial officer (such as a magistrate) that authorizes a law enforcement officer to perform an act related to justice administrationâtypically to: 1  Search and seize a person's property. 2  Arrest someone. 3  Bring a person before the court.
incur. 1  to come into or acquire (some consequence, usually undesirable or injurious): to incur a huge number of debts. 2  to become liable or subject to through one's own action; bring or take upon oneself: to incur his displeasure.
A deferral involves either the receipt of cash before revenue has been earned or payment of cash before an expense is incurred. When you incur an expense, you make a debit entry to the expense account. If a business owner purchases $1,000 worth of supplies, that does not mean the company has incurred an expense. The cost of the supplies used up over time is entered as the expense.