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r 4. Homework 0.66 points M4-5 Determine Accounting Equation Effects of Deferral Adjustments [LO 4-2 give the accounting equation effects of . (Enter any decreases

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r 4. Homework 0.66 points M4-5 Determine Accounting Equation Effects of Deferral Adjustments [LO 4-2 give the accounting equation effects of . (Enter any decreases to Assets for the Sky Blue at the end of the month on October 31 Liabilities, or Stockholders' Equity with a minus sign) b. Paid $984 for a two-year insurance premium on October 1 and debited Prepaid Insurance for that $3,720

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