Indicate with a Yes or No whether or not each of the following accounts normally requires an adjusting entry:

a. Building YES/NO
b. Cash YES/NO
c. Interest Expense YES/NO
d. Miscellaneous Expense YES/NO
e. Common Stock YES/NO
f. Prepaid Insurance YES/NO

Classifying Assets

Identify each of the following as a current asset or property, plant, and equipment:

1. Accounts Receivable current asset or property, plant, and equipment
2. Building current asset or property, plant, and equipment
3. Cash current asset or property, plant, and equipment
4. Equipment current asset or property, plant, and equipment
5. Prepaid Insurance current asset or property, plant, and equipment
6. Supplies current asset or property, plant, and equipment