[Solved] Journal entries that are needed in order to update account balances for internal business transactions (such as supplies and prepaid rent)at the end of the period are: A)closing entries. B)adjusting entries. C)sales entries. D)adjusting Cash. Television: An electronic device or system for receiving visual images and sound that are transmitted on screen through waves or cables. Regulated: Controlled or governed according to rules or principles, often by a governmental body to ensure fairness, safety, or efficiency. Communications Decency Act: A section of the Telecommunications Act of 1996 aimed at regulating pornographic material on the internet, with significant portions later declared unconstitutional. Indecent: Offensive, inappropriate, or not conforming to accepted standards of morality and decency.