Prepaid Rent and Unearned Service Revenue are examples of accounts that do not need to be adjusted at the end of the accounting period.

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Prepaid Rent and Unearned Service Revenue are examples of accounts that require adjustments at the end of the accounting period. Prepaid Rent needs to be adjusted to reflect the amount of rent that has been used up during the period, while Unearned Service Revenue needs to be adjusted to reflect the portion of revenue that has been earned during the period.

Prepaid Rent and Unearned Service Revenue Are Examples of Accounts