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

Question

Quizplus · Accepted Answer

Adjusting entries are made to update the accounts that have been recorded but have not yet been included in the financial statements. Cash is a real account that is immediately recorded and included in the financial statements, so it does not need to be adjusted. Salaries Payable, Unearned Revenue, and Interest Receivable are all examples of accounts that require adjusting entries.

An Adjusting Entry Would Not Include Which of the Following