EX 3-2 Classifying adjusting entries

The following accounts were taken from the unadjusted trial balance of Orion Co., a congressional
lobbying firm. Indicate whether or not each account would normally require
an adjusting entry. If the account normally requires an adjusting entry, use the following
notation to indicate the type of adjustment:
AE—Accrued Expense
AR—Accrued Revenue
PE—Prepaid Expense
UR—Unearned Revenue

To illustrate, the answer for the first account is shown below.
       Account                                                  Answer
Accounts Receivable                  Normally requires adjustment (AR).
Cash
Interest Expense
Interest Receivable
Johann Atkins, Capital
Land
Office Equipment
Prepaid Rent
Supplies
Unearned Fees
Wages Expense

Answer:
       Account                                                           Answer 
Accounts Receivable ..........................Normally requires adjustment (AR).
Cash ..................................................Does not normally require adjustment.
Interest Expense..................................Normally requires adjustment (AE).
Interest Receivable..............................Normally requires adjustment (AR).
Johann Atkins, Capital....................... Does not normally require adjustment.
Land..................................................Does not normally require adjustment.
Office Equipment ............................. Does not normally require adjustment.
Prepaid Rent .....................................Normally requires adjustment (PE).
Supplies ........................................... Normally requires adjustment (PE).
Unearned Fees................................. Normally requires adjustment (UR).
Wages Expense................................ Normally requires adjustment (AE).