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Classify the following adjusting entries as involving prepaid expenses, unearned revenues, accrued expenses, or accrued revenues. Prepaid expenses a. To record cash received from a

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Classify the following adjusting entries as involving prepaid expenses, unearned revenues, accrued expenses, or accrued revenues. Prepaid expenses a. To record cash received from a customer for products that will ship next period. b. To record expiration of prepaid insurance. c. To record rent expense incurred but not yet paid. d. To record supplies used as supplies expense. e. To record interest revenue earned but not yet collected (nor recorded). Accrued expenses Accrued revenues

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