20 QS 3-20A Preparing adjusting entries LO P4 Cal Consulting follows the practice that prepayments are debned to expense when paid, and uneamed revenues are credited to revenue when cash is received Given this company's accounting practices, which one of the following applies to the preparation of adjusting entries at the end of its first accounting period? nes eiook Multiple Choice Uneamed fees jon which cash was received in edvence earler in the periodi are recorded weh e deba to Constng Fees Eaned of $690 and e credt to Unearmed Consultng Fees of $630 esences Unpaid salaries of $780 are recorded with a debe to Prepeid Selares of $780 end a credt to Salwies Expense of $780 Office supplies purchased for he period were St950 The cost of unused offce supplies of SU2S is recorded with a debe to Supples Expense of $125 and e eredt to Office Supplies of $t125 temed but unbiled jand unrecorded) consulng fees for the perod wene 52M0, which are recorded wh a debit to Uneemed Consuing Fees of $250 and ecreds to Consutng Fees Eamed of $2150