Question 27 (4 points) To make use of the ahove revenue and expense recognition prineiples, accrual accounting uses accrual and deferral accounts. Below you will see several journal entries that have blank spaces instead of account titles. Each depicts either a deferral or an accual for either a revenue or an expense. Fill in the blanks and answer the associted question for each pair of journal entries. Cash receipt after income statement impact (1 point per box). Question 27 (4 points) To make use of the ahove revenue and expense recognition prineiples, accrual accounting uses accrual and deferral accounts. Below you will see several journal entries that have blank spaces instead of account titles. Each depicts either a deferral or an accual for either a revenue or an expense. Fill in the blanks and answer the associted question for each pair of journal entries. Cash receipt after income statement impact (1 point per box)