Mobo, a wireless phone carrier, completed its first year of operations on October 31. All of the year's entries have been recorded, except for the following: a. At year-end, employees earned wages of $6,000, which will be paid on the next payroll date, November 6. b. At year-end, the company had earned interest revenue of $3,000. It will be collected December1 4-4 Part 2 Identify whether each required adjustment is a deferral or an accrual. Second transaction is accrual Both transactions are deferral Second transaction is deferral Both transactions are accruals First transaction is deferral First transaction is accrual