Exercise 3-2 Classifying adjusting entries C3 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. D. To record accrued interest revenue. E. To record accrued interest expense. F. To record the eaming of previously unearned income. Interest Expense.. 2,208 Interest Payable 2,208 Insurance Expense 3,180 3,180 Prepaid Insurance..... Uneamed Professional Fees. 19,250 19,250 Professional Fees Earned. 3,300 Interest Receivable 3,300 Interest Revenue..... 38,217 Depreciation Expense..... 38,217 Accumulated Depreciation 13,280 B Salaries Expense.. 13,280 Salaries Payable