The trial balance for Blair 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 expense, unearned revenue, accrued revenue, or accrued expense) and

(b) the related account in the adjusting entry.

Transcribed Image Text:

Accounts Receivable Supplies Prepaid Insurance Interest Payable Unearned Service Revenue