For journal entries 1through 12, indicate the explanation that most closely describes it. You can use explanations more than once. A. To record receipt of unearned revenue. B. To record this period's earning of prior unearned revenue. C. To record payment of an accrued expense. D. To record receipt of an accrued revenue. E. To record an accrued expense. F. To record an accrued revenue. G. To record this period's use of a prepaid expense. H. To record payment of a prepaid expense. 1. To record this period's depreciation expense. Entry Explanation Journal Entries Debit Credit Interest Receivable 2,000 1 Interest Revenue 2,000 Cash 3,800 2 Accounts Receivable (from consulting) 3,800 Cash 5,000 Unearned Revenue 5,000 Cash 4,800 Interest Receivable 4,800 Rent Expense 1,000 5 Prepaid Rent 1,000 Interest Expense 5,000 5,000 Interest Payable Depreciation Expense 5,600 7 5,600 Accumulated Depreciation 4,000 Unearned Revenue. 8. 4,000 Services Revenue 8,400 Insurance Expense 9. 8,400 Prepaid Insurance 7,600 Salaries Payable 7,600 10 Cash 2,300 Prepaid Rent 2,300 11 Cash 1,600 Salaries Expense 1,600 12 Salaries Payable 4.