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For esch of the following entries, select the letter of the explanstion that most closely describes it in the space beside each entry. (You can
For esch of the following entries, select the letter of the explanstion that most closely describes it in the space beside each entry. (You 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 sccrued 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 prepsid expense L To record this period's deprecistion expense. 1,900 Prepaid Insurance 1,900 Salaries Payable 3,900 3,900 Prepaid Rent 3,200 Cash ,200 Salaries Expense 4,900 Salaries Payable 4,900 1,900 Interest Revenue 1,900 Cash 3,900 3,900 Cash 5,900 5,900 Cash 4,300 Interest Receivable 4,300 Rent Expense Prepaid Rent Interest Expense 6,300 Interest Payable 6,300 1,300 1,300 Unearned Professional Fees 1,900 Professional Fees Earned 1,900
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