Question

in the blank space beside each adjustin entry, enter the letter of the explanation A through F that most closely describes the entry.
A. to record this periods depreciation expense
B. to record accrued salaries expense.
C. to record this period's use of a prepaid expense
D. to record accrued interest rvenue
E. to record accrued interest expense.
F. to record the earining of previously unearned income

__1. salaries expense
salaries payable
__2.Interest expense
Interest payable
__3.Insurance expense
prepaid insuranse
__4.Unearned Professional Fees
Professional Fees EArned
__5. interest receivable
interest revenue
__6. Depreciation expense
accumulated depreciation

Answer 1

1. B
2. E
3. C
4. F
5. D
6. A