For the following situations, indicate whether each involves a deferred expense (DE), a deferred revenue (DR), an accrued liability (AL), or an accrued asset (AA).

Example: DE Office supplies purchased in advance of their use

__________ 1. Wages earned by employees but not yet paid

__________ 2. Cash collected from subscriptions in advance of publishing a magazine

__________ 3. Interest earned on a customer loan for which principal and interest have not yet been collected

__________ 4. One year