Yilmaz Corporation encounters the following situations:
1. Yilmaz collects 1,750 from a customer in 2014 for services to be performed in 2015.
2. Yilmaz incurs utility expense which is not yet paid in cash or recorded.
3. Yilmaz employees worked 3 days in 2014 but will not be paid until 2015.
4. Yilmaz performs services for a customer but has not yet received cash or recorded the transaction.
5. Yilmaz paid 2,400 rent on December 1 for the 4 months starting December 1.
6. Yilmaz received cash for future services and recorded a liability until the service was performed.
7. Yilmaz performed consulting services for a client in December 2014. On December 31, it had not billed the client for services provided of 1,200.
8. Yilmaz paid cash for an expense and recorded an asset until the item was used up.
9. Yilmaz purchased 750 of supplies in 2014; at year-end, 400 of supplies remain unused.
10. Yilmaz purchased equipment on January 1, 2014; the equipment will be used for 5 years.
11. Yilmaz borrowed 10,000 on October 1, 2014, signing an 8% one-year note payable. 

Instructions 

Identify what type of adjusting entry (prepaid expense, unearned revenue, accrued expense, or accrued revenue) is needed in each situation, at December 31, 2014.