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FINANCIAL ANALYSIS Refer to the income (revenues) and expenses as shown in the notes in the latest financial report of 1B Hi-Fi Limited on its

FINANCIAL ANALYSIS Refer to the income (revenues) and expenses as shown in the notes in the latest financial report of 1B Hi-Fi Limited on its website, www.jbhifi.com.au, and answer the following questions. 1. Which of these items, if any, would have been affected by adjusting entries for deferrals? 2. Which of these items, if any, would have been affected by adjusting entries for accruals? 3. What is the total amount of expense for depreciation of plant and equipment?

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