The trial balance of lagrace company includes the following


The trial balance of LaGrace Company includes the following balance sheet accounts. Identify the accounts that might require adjustment. For each account that requires adjustment, indicate 

(1) The type of adjusting entry (prepaid expenses, unearned revenues, accrued revenues, and accrued expenses) and 

(2) The related account in the adjusting entry.

(a) Accounts Receivable..
(b) Prepaid Insurance. 
(c) Equipment. 
(d) Accumulated Depreciation-Equipment.
(e) Notes Payable
(f ) Interest Payable.
(g) Unearned Service Revenue

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Accounting Basics: The trial balance of lagrace company includes the following
Reference No:- TGS01528998

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