An adjusting entry would not include which of the following accounts?

Name: An adjusting entry would not include which of the following accounts?
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Question

Quizplus · Accepted Answer

Adjusting entries are made to update accounts to their correct balances before financial statements are prepared. Cash is not an account that requires adjustment because its balance is always accurate based on bank statements and other records. The other accounts listed may require adjustments to ensure their balances are correct.

An Adjusting Entry Would Not Include Which of the Following