BAC Club closes its books annually. The following adjustment data are accumulated at December 31:

1. Revenue of $1,100 collected in advance has been earned.

2. Supplies of $450 have been used.
3. Revenue earned but unbilled total $750.
4. Utility expenses of $200 are unpaid.
5. Interest of $300 has accrued on a note payable.

Instructions

For each of the above items indicate:

1. Indicate the adjusting entry.

2. Indicate the type of adjustment (deferral or Accrual)