The following is a list of types of adjusting journal entries: a) b) Accrued revenues Unearned revenues Accrued expenses Prepaid expenses c) d) Using the list above, identify which type of adjusting entry is being described in the following transactions for Milo Inc. 1. Prepaid Expenses Prepaid insurance of $645 has expired. 3 2, Supplies on hand at the end of the year total $1,525. The unadjusted balance was $2,700. Deprecation Expenses : 3. Monthly depreciation on equipment is $500 Services of $425 have been provided. This amount was previously received and recorded as unearned revenue. Unearned Revendes 4. 5. Salaries earned by employees for the month of $1,850 have not been paid or recorded, Thun utility hill for $335 was received on the last day of the month and is unpaid and 4. Depreciation Expenses Services of $425 have been provided. This amount was previously received and recorded as unearned revenue. Unearned Revenues 5. Salaries earned by employees for the month of $1,850 have not been paid or recorded, The utility bill for $335 was received on the last day of the month and is unpaid and unrecorded . 6. 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. 2. . 10. Services have now been provided in the amount of $1,745 on a job that totalled $3,000. The total was paid previously by a customer. Equipment was purchased for $10,000 and has a useful life of 5 years. The company records its depreciation monthly. Services were performed for $1.295 but the accounting clerk forgot to prepare and send the invoice to the customer until after the end of the month. : 11