C For The Cuttex CO2AX C in Ode tox ocument/d/1PUbXXgNdPSzFwPn9_IQMLvKeSHHkfgTKmP9sOcko8Ek/edit Normal text Arial 12 + BI VA 3 bob is running a business. (1) Describe in one complete sentence written in your own words an example of a transaction that bob Inc, might reasonably engage in that would generate a deferral. (2) Provide the corresponding journal entry to the transaction you described. Do not reuse this example on any other question Please replace bob with your given name in your response. 005 Normal text Arial 12 + 3 bob is running a business. (1) Describe in one complete sentence written in your own words an example of a transaction that bob Inc. might reasonably engage in that would generate a deferral. (2) Provide the corresponding journal entry to the transaction you described. Do not reuse this example on any other question. Please replace bob with your given name in your response