Which of the following accounts would most likely NOT need to be adjusted at the end of the year?
A) Office Supplies
B) Salaries Payable
C) Accumulated Depreciation
D) Cash

Question

Quizplus · Accepted Answer

Cash accounts typically do not require adjustment entries at the end of the accounting period because they reflect the actual cash on hand or in the bank, which is directly verifiable and does not involve estimations or accruals like the other accounts listed.

Which of the Following Accounts Would Most Likely NOT Need