ABC Company uses the approach that records prepaid expenses as expenses and records unearned revenues as revenues. ABC Companny prepares annual financial statements. Select the correct journal entry or adjusting journal entry for each scenario given. Interest of $90 had accrued on the bank " loan as at May 31, 2020. It is to be paid on June 15, 2020. Of the $2,000 in advertising expenses paid on March 1, 2020, $500 of advertising. publishing had not been completed at May 31, 2020. Choose.... Choose... Dr. Interest Expense $90 and Cr. Interest Payable $90 Dr. Prepaid Interest Expense $90 and Cr. Cash $90 Telephone Expense $50 and Cr. Cash $50 Dr. AR $1,500 and Cr. Revenue $1,500 Dr. Prepaid Advertising $500 and Cr. Advertising Expense $500 Dr. Unearned Revenue $1,500 and Cr. Revenue $1,500 Dr. Interest Expense $90 and Cr. Notes Payable $90 Dr. Telephone Expense $50 and Cr. Accounts Payable $50 Dr. Advertising Expense $500 and Cr. Prepaid Advertising Expense $500 Dr. Revenue $1,500 and Cr. Unearned Revenue $1,500