Norell Incorporated experienced the following accounting events during its Year 2 accounting period. Required: a. Identify the events that would require a year-end adjusting entry. b. Are adjusting or closing entries recorded first? Complete this question by entering your answers in the tabs below. Identify the events that would require a year-end adjusting entry. Norell Incorporated experienced the following accounting events during its Year 2 accounting period. Required: a. Identify the events that would require a year-end adjusting entry. b. Are adjusting or closing entries recorded first? Complete this question by entering your answers in the tabs below. Are adjusting or closing entries recorded first? Are adjusting or closing entries recorded first