Accounting 10, 20, 30

(a)	Define accounting terms and concepts related to accruals such as accrual, deferral, reversing entry, accrued expense, accrued interest, expense, deferred revenue and deferred expense.
(b)	Calculate the accrued interest earned on a note receivable in the fiscal period, and record the adjusting entry for the accrued interest revenue.
(c)	Record entries for accrued revenue including reversing entry and receipt of payment on a note receivable with accrued interest.
(d)	Calculate the interest expense owed on a note payable for the fiscal period, and record the adjusting entry for the accrued expense.
(e)	Record the entries for accrued expense including reversing entry and payment on a note payable with accrued interest.
(f)	Record an entry to receive cash on deferred revenue.
(g)	Calculate the amounts and record the entry for deferred revenue when earned.
(h)	Record an entry to pay cash on a deferred expense.
(i)	Calculate the amount and record the entry for a deferred expense when incurred.