Each of the following combinations of effects results from making adjusting entries:
1. Increases assets, increases revenues, and increases owners' equity.
2. Decreases assets, increases expenses, and decreases owners' equity.
3. Increases liabilities, increases expenses, and decreases owners' equity.
4. Decreases liabilities, increases revenues, and increases owners' equity.
Select one of the preceding items (1-4) to match the effect achieved by each of the following adjusting entries:
A. Salaries earned by employees but unpaid amount to $7,850.
B. Depreciation expense on equipment is $3,250.
C. Prepaid insurance expired during the period totals $1,300.
D. Interest earned, but not yet received, amounts to $800.
E. Of the revenue received and previously recorded as unearned, $13,675 has been earned this period.
F. Property taxes accrued, but not yet paid, amount to $6,700.
G. Supplies used during the period total $2,100.
H. Interest owed on long-term debt totals $1,500.