After reading through Chapter 4 on Accrual Accounting Concepts, Create your own Thread and post a response to the following: 1. When would a business recognize revenue if they were using accrual accounting? 2. Give a specific example from your everyday life where you may encounter an accrual. 3. Give a specific example from your everyday life where you may encounter a deferral Be sure you respond to two of your fellow classmates with quality responses. You must post your reply before you can see your classmates responses. See the attached rubric for allocation of points