An adjusting entry would not include which of the following accounts?
A)Cash
B)Interest Receivable
C)Property Tax Payable
D)Unearned Revenue

Question

Quizplus · Accepted Answer

Adjusting entries are made at the end of an accounting period to update balances in certain accounts. Cash is not one of the accounts that requires adjusting entries as its balance is already up to date. The other three accounts listed do require adjusting entries, as they reflect amounts that have not yet been properly accounted for.

An Adjusting Entry Would Not Include Which of the Following