east-1.amazs X cute/content/file?cmd-view&content_id- 965825 18course_id_32310 1 Accounting adjustments Question 1: Deferred Revenue Cash received from customers in advance of providing a good or service . . Represent a company's obligation to provide goods or services in the future Example: A publishing company receives an annual subscription fee of $ 1,400 at the start of the annual subscription period (April 1, 2017) Assuming that the publishing company fiscal year is aligned with the civil calendar Task: what is the amount of the deferred revenue? Question 2: Accrued Revenue Accrued revenue is the reverse of unearned revenue. That is, revenue will be recognized in the statement of profit and loss before actual receipt . o sume that on Sentember 1, 2011 Fin Corp extended a loan of