Saved For journal entries 1 through 12, indicate the explanation that most closely describes it. You can use explanations more than once. A. To record receipt of unearned revenue. B. To record this period's earning of prior unearned revenue. C. To record payment of an accrued expense. D. To record receipt of an accrued revenue. E. To record an accrued expense. F. To record an accrued revenue. G. To record this period's use of a prepaid expense. H. To record payment of a prepaid expense. 1. To record this period's depreciation expense. Entry Explanation Journal Entries Debit Credit Salaries Expense 1,800 1 Salaries Payable 1,800 Interest Receivable 4,400 2 erest Revenue 4,400 4,200 3 A counts Receivable (from consulting) 4,200 B 4,100 4 5 ces 6 C D learned Revenue 4,100 1,600 erest Receivable Rent Expense Prepaid Rent 1,600 3,000 3,000 Interest Expense 5,900 7 Interest Payable 5,900 Depreciation Expense 5,000 8 Accumulated Depreciation 5,000 Unearned Revenue 8,100 9 Services Revenue 8,100 10 11 12 Insurance Expense Prepaid Insurance Salaries Payable Cash Prepaid Rent Cash 6,700 6,700 1,700 1,700 2,900 2,900