Required
Identify each of the following events as an accrual, a deferral, or neither:
a. Paid cash in advance for a one-year insurance policy.
b. Paid cash to settle an account payable.
c. Collected accounts receivable.
d. Paid cash for current salaries expense.
e. Paid cash to purchase supplies.
f. Provided services on account.
g. Provided services and collected cash.
h. Paid cash to purchase land.
i. Recognized accrued salaries at the end of the accounting period.
j. Paid a cash dividend to the stockholders.
k. Recognized accrued interest revenue at the end of the period.
l. Collected cash for services to be provided in the future.