For each of the adjusting entries (1), (2), and (3), indicate the account to be debites and the account to be credited -- from a through i below.

b. To record wages expense incurred but not yet paid (nor recorded). c. To record revenue earned but not yet billed (nor recorded). d. To record expiration of prepaid insurance. e. To record annual depreciation expense. During the year, a company recorded prepayments of expenses in asset accounts, and cash receipts of unearned revenues in liability accounts. At the end of its annual accounting period, the company must make three adjusting entries: (1) Accrue salaries expense. (2) Adjust the Unearned Services Revenue account to recognize earned revenue. (3) Record services revenue earned for which cash will be received the following period. Dr.Cr. Dr. Cr. Dr. Cr. For each of the adjusting entries (I), (2), and (3), indicate the account to be debited and the account to be credited-from a through i below. a. Prepaid Salaries d. Unearned Services Revenue b. Cash e. Salaries Expense f. Services Revenue g. Accounts Receivable h. Accounts Payable i. Equipment c. Salaries Payable For each separate case below, follow the three-step process for adjusting the prepaid asset account at December 31. Step 1: Determine what the current account balance equals. Step 2: Determine what the