The first Month End of your internship is approaching.

You've been asked to help with adjusting entries.

You are assigned to a small group.

Step $1$: In your initial post discuss the one type of adjusting entry:

Deferred Expenses

Accrued Expenses

Deferred Revenues

Accrued Revenues

Write an initial $3$ paragraph discussion and post it to the discussion board with the following information:

The subject should be the type of entry you are describing $($one of the four types above$).$

The company name you are interning with. $($You are making this up$.$ What is your dream company to intern with?$)$

Describe the type of adjusting entry $($one of the four types above$)$ and why your company needs to make it$.$

Record the entry in the proper journal entry format $($dates$,$ account titles, debit$/$credit columns, amounts$).$

Include any initial entry from the previous period.