Question

CALCULATOR PRINTER VERSION <BACK NEXT Brief Exercise 3-08 The trial balance of Beowulfwhich may require adjustment. Company includes the following balance sheet accounts, which may require adjustment. For each account that requires adjustment, indicate the type of adjusting entry (prepaid expense, unearned revenue, accrued revenue, or accrued expense) and the related account in the adjusting entry. Account Type of Adjustment Related Account Accounts Receivable Prepaid Insurance Accumulated Depreciation Equipment > Interest Payable Uneared Service Revenue Click if you would like to Show Work for this questions Open Show Work LINK TO TEXT LINK TO TEXT LINK TO TEXT Question Attempts: 0 of 5 used SAVE POR LATER SUBMIT ANSWER o BI

Answer 1

Account			Type of		Related
			Adjustment		Amount
Accounts receivable		Accrued revenue	Sales Revenue
Prepaid insurance		Prepaid expense	Insurance expense
Acc. Dep-Equipment		Prepaid expense	Depreciation expense
Interest Payable		Accrued expense	Interest expense
Unearned service revenue	Unearned revenue	Service revenue