Acc280 Financial Accounting: BE3-8 The trial balance of Bair Company includes

Acc280 Financial Accounting

BE3-8
The trial balance of Bair Company includes the following balance sheet accounts. Identify the accounts that may require adjustment. For each account that requires adjustment, indicate:
(a) the type of adjusting entry (prepaid expenses, unearned revenues, accrued revenues, and accrued expenses) and (b) the related account in the adjusting entry.
Accounts Receivable
Prepaid Insurance
Accumulated Depreciation—Equipment
Interest Payable
Unearned Service Revenue
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