The following is a list of types of adjusting entries: a) Accrued revenues b) Unearned revenues c) Accrued expenses d) Prepaid expenses Using the list above, identify which type of adjusting entry is being described in the following transactions for Milo inc. 1. Prepaid insurance of $645 has expired. 2. Supplies on hand at the end of the year total $1.525. The unadjusted balance was $2,700. 3. Monthly depreciation on equipment is $500. 4. Services of $425 have been provided. This amount was previously received and recorded as unearned revenwe. 5. Salaries carned by employees for the month of $1.850 have not been paid or recorded. 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 life 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