Plz be specific with the reasons and show your work.

1. In a new post, use the Reply button at the bottom of this page to respond to the following questions: - Discussion question 1: Telstar Inc. used the accrual method of accounting. The company's net income before any adjustments is $250,000. . In regards to year-end adjustments and adjusting entries, does it make a difference if Telstar Inc. decides to record a $100,000 adjustment for accrued revenues in the January of the following year (e.g., 2021) rather than in December (2020) of the current year. The job was completed in December but the client was billed in January