Consider the following incomplete adjusting journal entries

Reference no: EM131135936

Module.Ex04.03 Adjusting Journal Entries

Consider the following incomplete adjusting journal entries.

1.	Utilities Expense	2,900
	(a)		2,900
2.	(b) Service Revenue	19,500	19,500
3.	(c) Prepaid Insurance	7,000	7,000
4.	Unearned Revenue	4,650
	(d)		4,650

Required

Identify the likely account(s) that would complete each adjusting journal entry and identify each entry as an accrued expense, an accrued revenue, a deferred expense, or a deferred revenue.

Reference no: EM131135936

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