a. One of the ways that World Com misstated their earnings as part of this fraud was through the reversal of previously recorded accruals for expected future line costs. Using generic, yet descriptive, account titles, provide the journal entry that World Com would have recorded to reverse these accruals. In parentheses, after the account name, please identify the financial statement category (A, L, SE, R, or E) to which each account belongs. You may ignore the dollar amount component of the journal entry. For this particular question you may also ignore the "complete sentences" rule and depict your answer in journal entry format. b. Assuming the bills received for actual line costs were of a dollar value that was larger than the amount remaining (assume something still remains) in the previously recorded accrual for future line costs (after the inappropriate reversals were recorded), provide the journal entry that World Com would have recorded at the time of payment of those bills (once again using generic, yet descriptive, account titles). In parentheses, after the account name, please identify the financial statement category (A, L, SE, R, or E) to which each account belongs. You may ignore the dollar amount component of the journal entry. For this particular question you may also ignore the "complete sentences rule and depict your answer in journal entry format. a. One of the ways that World Com misstated their earnings as part of this fraud was through the reversal of previously recorded accruals for expected future line costs. Using generic, yet descriptive, account titles, provide the journal entry that World Com would have recorded to reverse these accruals. In parentheses, after the account name, please identify the financial statement category (A, L, SE, R, or E) to which each account belongs. You may ignore the dollar amount component of the journal entry. For this particular question you may also ignore the "complete sentences" rule and depict your answer in journal entry format. b. Assuming the bills received for actual line costs were of a dollar value that was larger than the amount remaining (assume something still remains) in the previously recorded accrual for future line costs (after the inappropriate reversals were recorded), provide the journal entry that World Com would have recorded at the time of payment of those bills (once again using generic, yet descriptive, account titles). In parentheses, after the account name, please identify the financial statement category (A, L, SE, R, or E) to which each account belongs. You may ignore the dollar amount component of the journal entry. For this particular question you may also ignore the "complete sentences rule and depict your answer in journal entry format