AR—Accrued Revenue
AE—Accrued Expense
UR—Unearned Revenue
PE—Prepaid Expense
To illustrate, the answer for the first account follows:
Account | Answer
Accounts Receivable | Normally requires adjustment (AR).
Cash
Harriet Kasun, Capital
Interest Expense
Interest Receivable
Land
Office Equipment
Prepaid Rent
Supplies
Unearned Fees
Wages Expense
Answers:
Account Answer
Accounts Receivable........................ Normally requires adjustment (AR).
Cash................................................ Does not normally require adjustment.
Harriet Kasun, Capital........................ Does not normally require adjustment.
Interest Expense.............................. Normally requires adjustment (AE).
Interest Receivable........................... Normally requires adjustment (AR).
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).