The following accounts were taken from the unadjusted trial balance of Inter Circle 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 notations to indicate the type of adjustment:

• AEAccrued Expense
• ARAccrued Revenue
• DRDeferred Revenue
• DEDeferred Expense

To illustrate, the answer for the first account is as follows.

Account

Answer

Accounts Receivable

Normally requires adjustment (AR).

Accumulated Depreciation

Capital Stock

Dividends

Interest Payable

Interest Receivable

Land

Office Equipment

Prepaid Rent

Supplies

Unearned Fees

Wages Expense