After reviewing the financial statements, the loan officer at the bank asked your brother whether he used the accrual basis of accounting for revenues and expenses. Your brother responded that he did, which is why he included an account for Amounts Due from Customers. The loan officer then asked whether the accounts were adjusted prior to the preparation of the statements. Your brother answered that they had not been adjusted. a. Why do you think the loan officer suspected that the accounts had not been adjusted prior to the preparation of the statements? b. Indicate the accounts that might need to be adjusted before an accurate set of finan- cial statements can be prepared. c. Why did the loan officer ask your brother whether he used the accrual basis of accounting for revenues and expenses? Why would it have been important to use this method?