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ar of the explanation that most closely describes it in the space beside each entry. You For journal entries 1 through 12, select the can

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ar of the explanation that most closely describes it in the space beside each entry. You For journal entries 1 through 12, select the can use letters more than once. A. To record receipt of unearned revenue. B. To record this period's earning of prior unearned revenue. C. To record payment of an accrued expense. D. To record receipt of an accrued revenue. E. To record an accrued expense. F. To record an accrued revenue. G. To record this period's use of a prepaid expense. H. To record payment of a prepaid expense. 1. To record this period's depreciation expense. Debit Credit Entry 1 Explanation Journal Entries Salaries Expense Salarios Payable 1,800 1,800 4,400 2 Interest Receivable Interest Revenue 4,400 4,200 Cash Accounts Receivable (from consulting) 4,200 4,100 4 Cash Uneamed Professional Foon 4,100 1,600 Cash Interest Receivable 1.600 0 3,000 Rent Expenso Prepaid Rent 3,000 Proy 1 of 5 Next > 4,400 2 Interest Receivable Interest Revenue 4,400 4,200 3 Cash Accounts Receivable (from consulting) 4,200 4 4,100 Cash Uneamed Professional Fees 4,100 5 1,600 Cash Interest Receivable 1,600 6 3,000 Rent Expense Prepaid Rent 3,000 7 Interest Expense Interest Payable 5,900 5,900 8 Depreciation Expense Accumulated Depreciation 5,000 5,000 9 Uneared Professional Fees Professional Fees Eamed 8.100 8.100 10 Insurance Expense Prepaid Insurance 6.700 6.700 Salaries Payable Cash 1,700 1,700 Prepaid Rent Cash 2.900 2.900 Prev 1 of 5 Next >

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