Which of the following accounts would not likely need to be adjusted at year end?
A)Office Supplies
B)Office Equipment
C)Prepaid Advertising
D)Unearned Revenue

Question

Quizplus · Accepted Answer

Office Equipment is a fixed asset and is not subject to annual adjustments. The other accounts (Office Supplies, Prepaid Advertising, Unearned Revenue) are typically adjusted at year end.

Which of the Following Accounts Would Not Likely Need to Be