Respuesta :
Answer:
C.Utilities payable
Explanation:
The items which required adjusting entries are presented below:
a. Unearned subscription revenue
Cash A/c Dr
To Unearned subscription revenue A/c
(Being the amount is collected)
Unearned subscription revenue A/c Dr
To Subscription revenue A/c
(Being the Unearned subscription revenue A/c is recorded)
b. Office supplies
Supplies expense A/c Dr
To supplies A/c
(Being supplies account is adjusted)
The supplies expense is computed by
= Supplies balance + purchase of the supplies - supplies on hand
c. Prepaid rent
Rent expense A/c Dr
To Prepaid rent A/c
(Being the prepaid rent is adjusted)
Since the utilities payable is an accrual expense so no likely required adjusting entry is required at the year end
