Which of the Following Accounts Would Not Need to Be

question 90

Multiple Choice

Which of the following accounts would not need to be adjusted at year end?

• A)Prepaid Rent.
• B)Common Stock.
• C)Equipment.
• D)Unearned Rent Revenue.

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Definitions:

Commander-In-Chief

The title held by the president of a country or the highest-ranking official of the armed forces, denoting supreme authority over the military organizations.

Continental Army

The Continental Army was the unified command structure of the thirteen colonies fighting Great Britain during the American Revolutionary War, established by the Second Continental Congress in 1775.

Financial Aid

Monetary assistance provided to individuals, particularly students, to help cover the costs of education, typically in the form of loans, grants, scholarships, or work-study programs.

Loyalist

A person who remained loyal to the British Crown during the American Revolutionary War, often facing social ostracism or fleeing to British territories as a result.