In the blank space beside each adjusting entry, enter the letter of the explanation A through F that?

Question

In the blank space beside each adjusting entry, enter the letter of the explanation A through F that
most closely describes the entry:
A. To record this period’s depreciation expense.
B. To record accrued salaries expense.
C. To record this period’s use of a prepaid
expense.
EXERCISES
Exercise 3-1
Classifying adjusting entries
C3
D. To record accrued interest revenue.
E. To record accrued interest expense.
F. To record the earning of previously unearned
income.
Homework Manager repeats all numerical Exercises on the book’s Website with new numbers
each time they are worked. It can be used in practice, homework, or exam mode.
______ 1. Salaries Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,280
Salaries Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,280
______ 2. Interest Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,208
Interest Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,208
______ 3. Insurance Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,180
Prepaid Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,180
______ 4. Unearned Professional Fees . . . . . . . . . . . . . . . . . . . . . 19,250
Professional Fees Earned . . . . . . . . . . . . . . . . . . . . . . 19,250
______ 5. Interest Receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,300
Interest Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,300
______ 6. Depreciation Expense . . . . . . . . . . . . . . . . . . . . . . . . . . 38,217
Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . 38,217

Answer 1

___B___ 1.
Dr Salaries Expense 13,280
Cr Salaries Payable 13,280

___E___ 2.
Dr Interest Expense 2,208
Cr Interest Payable 2,208

___C___ 3.
Dr Insurance Expense 3,180
Cr Prepaid Insurance 3,180

___F___ 4.
Dr Unearned Professional Fees 19,250
Cr Professional Fees Earned 19,250

___D___ 5.
Dr Interest Receivable 3,300
Cr Interest Revenue 3,300

___A___ 6.
Dr Depreciation Expense 38,217
Cr Accumulated Depreciation 38,217

Answer 2

That's right

Answer 3

Did you even TRY to do the homework?

I'm all for helping, but you need to consult your textbook and try to find the answers on your own. These aren't that hard.

Answer 4

That is a good question I hope you will get valuable answers