Match the statements below with the appropriate terms by entering the appropriate letter code in the spaces provided.

Terms:

A. Prepaid Expenses

B. Unearned Revenues

C. Accrued Revenues

D. Accrued Expenses

Statements:

1. A revenue not yet earned; collected in advance___

2. Office supplies on hand that will be used in the next period___

3. Subscriptions revenue collected; already earned___

4. Rent not yet collected; already earned___

5. An expense incurred; not yet paid or recorded___

6. A revenue earned; not yet collected or recorded___

7. An expense not yet incurred; paid in advance___

8. Interest expenses incurred; not yet paid___