In the blank space beside each adjusting entry, enter the letter of the explanation A through F that most closely describes the entry.
A. To record this period€™s depreciation expense.
B. To record accrued salaries expense.
C. To record this period€™s use of a prepaid expense.
D. To record accrued interest revenue.
E. To record accrued interest expense.
F. To record the earning of previously unearnedincome.

Transcribed Image Text:

I. Salaries Expense. 13,280 Salaries Payable .. . Interest Payable Prepaid Insurance Professional Fees Earned 13,280 2. Interest Expense 2,208 2,208 3,180 3,180 Unearned Professional Fees···· 19,250 9.250 Interest Receivable . . 3.300 Interest Revenue 3.300 6. Depreciation Expe 38,217 Accumulated Depreciation... 38.217