For journal entries 1 through 6, identify the explanation that most closely describes it. A. To record

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For journal entries 1 through 6, identify the explanation that most closely describes it.

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.

D. To record accrued interest revenue.

E. To record accrued interest expense.

F. To record the earning of previously unearned income.

1. Interest Expense.. Interest Payable Insurance Expense.. 2. Prepaid Insurance 3. Unearned Revenue..

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