Friday, 22 July 2016

Indicate with a Yes or No whether or not each of the following accounts normally requires an adjusting entry

Indicate with a Yes or No whether or not each of the following accounts normally requires an adjusting entry.
a. Building
b. Cash
c. Interest Expense
d. Miscellaneous Expense
e. Nathan Archer, Capital
f. Prepaid Insurance


Answer:
a. No
b. No
c. Yes
d. No
e. No
f. Yes

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