Classify the following items as: (1) prepaid expense, (2) unearned revenue, (3) accrued expense, or (4) accrued revenue.
a) Fees received but not yet earned.
b) Fees earned but not yet received.
c) Accumulated depreciation.
d) Property tax accrual

Question

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The Answer of Classify the following items as: (1) prepaid expense, (2) unearned revenue, (3) accrued expense, or (4) accrued revenue.
a) Fees received but not yet earned.
b) Fees earned but not yet received.
c) Accumulated depreciation.
d) Property tax accrual

Classify the Following Items As: (1) Prepaid Expense, (2) Unearned