The adjusted trial balance of the Chula Vista Paving Company includes the following balance sheet accounts that frequently require adjustment. For each account, indicate (a) whether the account is debited or credited in the adjusting entry and (b) the related account in the adjusting entry. 
Definitions:
Recession
A period of temporary economic decline during which trade and industrial activity are reduced, typically identified by a fall in GDP in two successive quarters.
Automobile Industry
A sector of the economy focused on the manufacture and sales of vehicles, including cars, trucks, and motorcycles.
Medical Services
Professional care or treatment provided by licensed healthcare providers, such as doctors and nurses, to maintain or improve an individual's health.
Economic Environment
The combination of social, financial, and economic conditions that affect the operation and development of a market or economy.
Q21: Each of the following accounts is closed
Q29: During 2020, Wu Han Co. generated revenues
Q69: Prepare the necessary closing entries based
Q78: Expenses are the costs incurred in the
Q83: Prepare the required end-of-period adjusting entries for
Q88: The transactions of the Litehouse Realty are
Q91: A merchandiser frequently has a need to
Q126: Closing entries are unnecessary if the business
Q159: The balance in the supplies account on
Q161: After a business transaction has been analyzed