EXERCISE 3-2 Classify adjusting entries The following accounts were taken from the unadjusted trial balance of Dobro Co., a congressional lobbying firm. Indicate whether or not each account would normally require an adjusting entry. If the account normally requires an adjusting entry, use the following notation to indicate the type of adjustment: Objectives 2, 3 AE-Accrued Expense AR-Accrued Revenue DR-Deferred Revenue DE-Deferred Expense To illustrate, the answers for the first two accounts are shown below Account Answer Aaron Piper, Drawing Does not normally require adjustment. Normally requires adjustment (AR) Accounts Receivable Accumulated Depreciation Cash ... Interest Payable Interest Receivable Land.. . Office Equipment Prepaid Rent Supplies Expense Unearned Fees Wages Expense