Exercise 3-4 Classifying adjusting entries P1 P2 P3 P4 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 expense. income. p. 124 2,208 3.300 2.208 3.300 3,180 38,217 1. Interest Expense Interest Payable 2. Insurance Expense Prepaid Insurance 3. Unearned Revenue.. Services Revenue.. 4. Interest Receivable Interest Revenue 5. Depreciation Expense Accumulated Depreciation. 6. Salaries Expense Salaries Payable 3.180 38.217 19,250 13.280 19.250 13.20