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Accrual transactions and Deferral transactions

Accrual transactions and Deferral transactions

AKIRA (1988) – FILM STUDY –
January 31, 2024
Critical Need for Information Security
February 14, 2024

Describe 2 accrual transactions and 2 deferral transactions that your peers will need to journalize. For the accrual transactions, please use credit or debit sales and credit purchase. For the deferral transactions, please use prepaid insurance and prepaid telephone charges. This is for an Electrotechnology Sales and Repairs business. Please include the dates that the transactions occurred. Please see the two pictures below, as I have included some examples of what the end product should look like. Please include an explanation as to what was done.

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