Which of the accounts below would most likely appear on an adjusted trial balance but probably would not appear on the unadjusted trial balance?
A) Fees Earned
B) Accounts Receivable
C) Unearned Fees
D) Depreciation Expense

Question

Quizplus · Accepted Answer

Depreciation Expense is an example of an adjusting entry that would not appear on the unadjusted trial balance because it is recorded at the end of the accounting period to allocate the cost of long-term assets over their useful lives. It would, however, appear on the adjusted trial balance. The other accounts listed (Fees Earned, Accounts Receivable, Unearned Fees) are all examples of accounts that would appear on both the unadjusted and adjusted trial balances.

Which of the Accounts Below Would Most Likely Appear on an Adjusted