Political Science homework help
Classify the following items as (a) prepaid expense, (b) unearned revenue, (c) accruedrevenue, or (d) accrued expense.1. A two-year premium paid on a fire insurance policy.2. Fees earned but not yet received.3. Fees received but not yet earned.4. Salary owed but not yet paid.5. Subscriptions received in advance by a magazine publisher.6. Supplies on hand.7. Taxes owed but payable in the following period.8. Utilities owed but not yet paid