Question 14 of 19 View Policies Current Attempt in Progress The following is a list of types of adfusting entries: a) Accrued revenues b) Unearned revenwes: c) Accrued oxpenses d) Prepaldexpenses? Using the list above, identify which type of adfusting entry is beine detcribed in the following transactions for Mis Inc: 1. Prepaid insurance of 5645 has expired. 2. Supplies on hand at the end of the year total $1.525. . The unadiunted balance was $2.700. (3) 3. Monthly desoceciationon equioment is 5500 Question 14 of 19 1. Prepaid insurance of $645 has exgired. 2. Supplies on hand at the end of the year totai $1,52.5, The unadjuted balance was $2,700. 3. Monthly depreciation on equipment is $500. 4. Services of $425 have been provided. This amount wes previously received and recordedas unearned revenue. 5. Salaries eamed by employees for the month of $1,850 have not been paid orrecorded. 6. The utility bill for $335 was received on the tast dwy of the month and is unpaid and unrecorded. 7. Servicesperformed but not collected in cash or recorded total 5895 . 8. Interest on a bank loan line of credit of 5135 has accruect. 2. Dararses earned oy empioyees ron the montror 71 osumave not vechpard or recurued. 6. The utility bill for $335 was received on the last day of the month and is unpaid and unrecorded. 7. Services performed but not collected in cash or recorded total $895. 8. Interest on a bank loan line of credit of $135 has accrued. 9. Services have now been performed in the amount of $1,745 on a job that totalled \$3.000. The total was paid previously by the customer. 10. Equipment was purchased for $10,000 and has a useful iffe of five years. The company records its depreciation monthly. 11. Services were performed for $1,295 but the accounting clerk forgot to prepare or record the invoice to the customer until after the end of the month. Save for fater Attempts: 0 of 1 used