Match each definition with its related term by entering the appropriate letter in the space provided.
Term Definition
1. Expenses
2. Unearned Revenue
3. Prepaid Expenses
4. Revenues
A. A liability account used to record the obligation to provide future services or return cash that has been received, before revenues have been earned.
B. Costs that result when a company sacrifices resources to generate revenues in the current period.
C. A type of asset account used to record the benefits obtained, when cash is paid before expenses are incurred.
D. The amount charged to customers for providing goods or services