42OnMay 1, Selers Marketrg Company received $1.500 from Franco Maro. fr amenetrg The Cash receigt was recorded as effective from May 1 this year to April 30 of the following year uneamed fees and at year-end on December 31, $1,000 of the fees had been entry on December 31 would be: A A debit to Uneaned Fees and a credit to Cash for $500 B. A debit to Fees Earned and a credit to Uneamed Fees for $500 C. A debit to Unearned Fees and a credit to Fees Eamed for $1,000 D. A debit to Fees Eamed and a credit to Cash for $1,000. E. A debit to Fees Eamed and a credit to Cash for $500 eamed. The adjusting 43. Incurred but unpaid expenses that are recorded during the adjusting process with a debit to an expense and a credit to a liability are: A. Intangible expenses. B. Prepaid expenses. C. Uneamed expenses. D. Net expenses. E. Accrued expenses. 44. Horizontal analysis: A Is a method used to evaluate changes in financial data across time B. Is also called vertical analysis. C. Is the presentation of financial ratios. D. Is a tool used to evaluate financial statement items relative to industry statistics E. Evaluates financial data across industries 45. Assets, liabilities, and equity accounts are not closed; these accounts are called A. Nominal accounts B. Temporary accounts. C. Permanent accounts. D. Contra accounts. E. Accrued accounts