For each of the following entries, enter the letter of the explanation that most closely describes it in the space beside each entry. (You can use letters more than once.)
A. To record payment of a prepaid expense.
B. To record this period€™s use of a prepaid expense.
C. To record this period€™s depreciation expense.
D. To record receipt of unearned revenue.
E. To record this period€™s earning of prior unearned revenue.
F. To record an accrued expense.
G. To record payment of an accrued expense.
H. To record an accrued revenue.
I. To record receipt of accruedrevenue.

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I. Unearned Professional Fees 6,000 Professional Fees Earned... 2. Interest Receivable 3. Salaries Payable 4. Depreciation Expense 3,500 Interest Revenue 3,500 9,000 9,000 . .. 8,000 Accumulated Depreciation Unearned Professional Fees... Prepaid Insurance Interest Payable . Accounts Receivable (from services).. Salaries Payable.... Interest Receivable 9,000 9,000 6. nurance Expense 7.Interest Expense.. 8. Cash 4,000 5,000 1,500 1,500 9.Salaries Expense 7,000 7,000 1,000 1,000 Prepaid Rent 3,000 12. Rent Expense.. 7.500 Prepaid Rent 7,500