For each of the transactions listed in 1 through 5 below, indicate whether it involves a deferral (D) or an accrual (A) by placing the letter of the correct response in the space provided.

Correct Answer:
Verified
Q84: During the first year of business, office
Q86: Total assets, liabilities, and shareholders' equity are
Q86: Houston Times Publishing Inc. sells two-year magazine
Q87: Wages Payable on January 1 equals $12,000.
Q90: Ohio Company, a corporation, began operations
Q91: For each transaction numbered 1 through 12
Q92: Mingo Company has been in business
Q93: Total assets, liabilities, and shareholders' equity are
Q94: Total assets, liabilities, and shareholders' equity are
Q94: Total assets, liabilities, and shareholders' equity are
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