Accrual method: how to properly report small business expenses

For me is not clear how to properly report business expenses in some situations using accrual method of accounting. I will use 5 domain names as an example.

Every year I pay for domain names renewal. Payment date is June 01. Domains valid for 1 year. If I paid on June 01, 2014  $100 for domain renewal and it covers period from 06/01/2014 until 05/31/2015  then how should I report expenses?
a) all 100$ s/b reported as 2014 expenses?  Because it's paid in full in 2014?
b) only portion of year 2014 from amount paid can be reported as expenses (7 month == around $58) and the rest should be reported as 2015 tax year income? (100-58=$42 go to 2015?). Because part of domain effective during 2014 year and part of effective period in 2015 year? 

Thank you!

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