Classify the ff. items as (a) prepaid expense, (b) unearned revenue, (c) accrued revenue, (d) accrued expense.
1. cash received for services not yet rendered.
2. supplies on hand.
3. utilities owed to be paid the ff. month.
4. taxes owed but payable in the next period.
5. a three-year premium paid on a fire insurance policy for the buildings.
6. cash received for use of land within the next six months.
7. fees earned to be received the following month.
8. rent expense owed but not yet paid.
9. subscriptions received in advance by magazine publisher.
10. fees earned but unbilled.
11. salaries owed but not yet paid.
12. rent revenue earned but not yet received.
13. insurance paid.
14. fees received but not yet earned.
15. unpaid wages.