PE 3-1B Accounts requiring adjustment

Indicate with a Yes or No whether or not each of the following accounts normally requires
an adjusting entry.

a. Building
b. Cash
c. Interest Expense
d. Miscellaneous Expense
e. Pam Ingersoll, Capital
f. Prepaid Insurance

Answer:
a. No
b. No
c. Yes
d. No
e. No
f. Yes