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F1 A B F2 C D 1. 2. STATEMENTS: 3. 4. 5. 6. 7. Prepaid Expenses 8. Unearned Revenues Accrued Revenues Accrued Expenses A revenue not yet recognized; collected in advance. Office supplies on hand that will be used in the next period. Subscription revenue collected; not yet recognized. Rent not yet collected; performance obligation already satisfied. An expense incurred; not yet paid or recorded. A revenue for which performance obligation is satisfied; not yet collected or recorded. An expense not yet incurred; paid in advance. Interest expense incurred; not yet paid. 20 F3 888 F4 FS MacBook Air F6 VA F7 DII FB > > > FO F10 F11

Match the statements below with the appropriate terms by entering the appropriate letter code in the spaces provided. TERMS: A Prepaid Expenses B Unearned Revenues C Accrued Revenues D Accrued Expenses A Prepaid Expenses B Unearned Revenues C Accrued Revenues D Accrued Expenses STATEMENTS: 1. A revenue not yet recognized; collected in advance. 2. Office supplies on hand that will be used in the next period. 3. Subscription revenue collected: not yet recognized. 4. Rent not yet collected; performance obligation already satisfied. 5. An expense incurred; not yet paid or recorded. 6. A revenue for which performance obligation is satisfied; not yet collected or recorded. 7. An expense not yet incurred; paid in advance. 8. Interest expense incurred; not yet paid. STATEMENTS: 1. A revenue not yet recognized; collected in advance. 2. Office supplies on hand that will be used in the next period. 3. Subscription revenue collected; not yet recognized. 4. Rent not yet collected; performance obligation already satisfied. 5. An expense incurred; not yet paid or recorded. 6. A revenue for which performance obligation is satisfied; not yet collected or recorded. 7. An expense not yet incurred; paid in advance. 8. Interest expense incurred; not yet paid

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