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4.Golddigger Services Inc. provides services to clients. On May 1, a client prepaid Golddigger Services $60,000 for 6-months services in advance. Golddigger Services' general journal entry to record this transaction will include a: A Credit to Unearned Management Fees for $60,000. B Credit to Management Fees Earned for $60,000. C Credit to Cash for $60,000. D Debit to Management Fees Earned for $60,000. E Debit to Unearned Management Fees for $60,000. 5. All of the following are true regarding prepaid expenses except: A When they are used, their costs become expenses. B They are paid for in advance of receiving their benefits. C They are assets. D The adjusting entry for prepaid expenses increases expenses and decreases assets. E The adjusting entry for prepaid expenses increases expenses and decreases liabilities