Which of the following accounts would NOT be included in the adjusting entries made at the end of an accounting period?
A)Prepaid insurance
B)Accounts payable
C)Cash
D)Accounts receivable

Question

Quizplus · Accepted Answer

Cash is a balance sheet account that is not subject to adjustments at the end of an accounting period. Prepaid insurance, accounts payable, and accounts receivable may require adjustment entries based on their balances at the end of the period.

Which of the Following Accounts Would NOT Be Included in the Adjusting