PB 4. \begin{tabular}{|l|l|} \hline Salaries Payable & \\ \hline Interest Recelvable & \\ \hline Unearned Fee Revenue & \\ \hline Prepaid Rent & \\ \hline \end{tabular} PB1. [a0 4.1 Identify whether each of the following transactions, which are related to revenue recognition, are accrual, deferral, or neither. A. expense now, pay now B. expense later, pay now C. expense now, pay later PB2. LLo 4.1 To demonstrate the difference between cash account activity and accrual basis profits (net income), note the amount each transaction affects cash and the amount each transaction affects net income. A. issued stock for cash $20,000 B. purchased supplies inventory on account $1,800 C. paid employee salaries; assume it was current day's expenses $950 D. paid note payment to bank (principal only) $1,200 E. collected balance on accounts receivable $4,750