Which of the following accounts would NOT be adjusted at the end of an accounting period?
A)Unearned revenue
B)Accounts receivable
C)Equipment
D)Prepaid insurance

Question

Quizplus · Accepted Answer

Equipment is a long-term asset and is not typically adjusted at the end of an accounting period unless there is a need for impairment or revaluation, which is not a regular period-end adjustment.

Which of the Following Accounts Would NOT Be Adjusted at the End