A select list of transactions for Anuradha’s Goals follows: 

For each transaction, identify what type of adjusting entry would be needed. Select from the following four types of adjusting entries: deferred expense, deferred revenue, accrued expense, accrued revenue.

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Аpг. 1 Paid six months of rent, $4,800. Received $1,200 from customer for six month service contract that began 10 April 1. Accrued expense 15 Purchased a computer for $1,000. Accrued revenue 18 Purchased $300 of office supplies on account. Deferred expense 30 Work performed but not yet billed to customer, $500 Deferred revenue 30 Employees earned $600 in salaries that will be paid May 2. Аpг. 1 Paid six months of rent, $4,800. Received $1,200 from customer for six month service contract that began 10 April 1. Accrued expense 15 Purchased a computer for $1,000. Accrued revenue 18 Purchased $300 of office supplies on account. Deferred expense 30 Work performed but not yet billed to customer, $500 Deferred revenue 30 Employees earned $600 in salaries that will be paid May 2.