For this first discussion, I want to you focus on adjusting entries and the accrual basis of accounting. First, I want you toidentify at leasttwo examples ofhow your household uses the accrual basis of accounting. Second, identify them as a deferral or an accrual. Third, if you were to have financial statements for your personal life (household) - how are these two examples impacting the statements? You do not have to state dollar amounts if you do not want to - seeing this is your personal information.