Category of Adjustment 1. Prepaid Expense 2. Depreciation Category Reason for Definition Adjustment Dr. Cr. Dr. Cr. 3. Unearned Revenue Dr. Cr. 4. Accrued Revenue Dr. 5. Accrued Expense Cr. Dr. Cr. Adjusting Entry (Account Relationship) Use the letters below to complete the Category Definition and Reason for Adjustment columns. Also, indicate the type of account to be debited and credited for each adjustment category. A. Expense incurred but not yet paid for. B. To recognize revenue which as of the financial statement cut-off date has not been recorded, and therefore, must be recognized in the appropriate accounting period. C. To recognize an expense which as of the financial statement cut-off date has not been recorded, and therefore, must be recognized in the appropriate accounting period. D. To recognize the asset's wear, tear, and obsolescence resulting from its contribution to income. E. Payment received in advance of providing a good or service. This event creates a liability account which will subsequently be adjusted. F. Expense paid for before it is used or consumed. This event creates an asset account which will subsequently be adjusted. G. Allocation of an asset's cost to expense over its estimated useful life. H. Revenue earned but not yet received. 1. To recognize the portion of the asset which has been consumed or expired. J. To recognize the portion of the liability which has been earned.