Question: 1. At the end of May, Robertson Corporation has provided services to customers, but it has not yet billed these customers nor have any of them paid for those services. If Robertson makes no adjusting entry associated with these unpaid services provided, will any accounts be misstated? If so, indicate which ones and the direction of the misstatement.

2. Fill in the blank associated with each adjusting entry:

a. Prepaid expense: Debit Supplies Expense; credit _________.

b. Unearned revenue: Debit ________; credit Service Revenue.

c. Accrued expense: Debit ________; credit Salaries Payable.

d. Accrued revenue: Debit Accounts Receivable; credit ________.