Classify the following items as (a) prepaid expense, (b) unearned revenue, (c) accrued revenue, or (d) accrued expenses. (NOTE:Type in your answer after each of the items)

Eg)Paint supplies purchased in advance- prepaid expense

1)Supplies on hand

2)Tuition collected in advance by a school

3)Interest earned but not received

4)Salary owed but not yet due

5)Taxes owed but payable in the following period

6)Receipts from the sale of meal tickets by a restaurant

7)Receipts from the sale of seasons tickets for a series of concerts

8)A three-year premium paid on a fire insurance policy

9)Property taxes paid in advance

10)Life insurance premiums received by an insurance company

11)Interest owed but not yet due

12)Portion of fee earned but not yet received