Identify whether each account would appear on the Balance Sheet or the income Statement. Land Accumulated Depreciation - Building Accounts Receivable Repairs and Maintenance Expense Furniture Utilities Expense Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted balance and use a Bal. post reference to show the ending balance of each account. Used prepaid insurance of $4,030. The Prepaid Insurance unadjusted balance as of December 31 is $7.400. Adjustment Type: Insurance Expense Prepaid Insurance Used office Supplies of $930. The Office Supplies unadjusted balance on December 31 is $10,400. Adjustment Type: Supplies Expense Office Supplies The unadjusted balance of Office Supplies at Dec. 31 is $9,200 and at year end the office Supplies on hand Lolaled $1,680. Adjustment Type: Supplies Expense Office Supplies