Please circle to indicate your answer to the following questions: 1. In an accrual the cash event takes place before or after the income statement event? 2. In a deferral the cash event takes place before or after the income statement event? 3. Give an example of a deferred asset. 4. Give an example of a deferred liability. 5. Give an example of an accrued asset. 6. Give an example of an accrued liability