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

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

a. Building

b. Cash

c. Wages Expense 

d. Miscellaneous Expense

e. Nancy Palmer, Capital

f. Prepaid Insurance

Answer:

a. No 

b. No

c. Yes 

d. No

e. No

f. Yes