Paper 1 October/November 2021 Accounting (9706/11) A Level

Which statements about accruals and prepayments are correct?
1 Accrued revenue at the end of an accounting period is recorded as a current asset.
2 Accrued revenue at the end of an accounting period is recorded as a current liability.
3 Prepaid expenses at the end of an accounting period are recorded as a current
asset.
4 Prepaid expenses at the end of an accounting period are recorded as a current
liability.