Required:

Part $1$ of $2$

Indicate whether each transaction relates to a deferred revenue, deferred expense, accrued revenue, or accrued expense.

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References

$\backslash$table$[[$Transaction$,],[$a$.$ On September $1$ of the current year, Zimmerman collected six months' rent of $$8,220$ on$,],[$storage space. At that date, Zimmerman debited Cash and credited Unearned Rent Revenue for,$],[$$$8,220,],[$b$.$ On October $1$ of the current year, the company borrowed $$21,600$ from a local bank and signed,$],[$a one$-$year, $14$ percent note for that amount. The principal and interest are payable on the maturity,$],[$date$.,],[\backslash$table$[[$c$.$ Depreciation of $$3,100$ must be recognized on a service truck purchased in July of the current$],[$year at a cost of $$21,000$