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Business, 05.02.2021 21:10 july00

The following accounts were taken from the unadjusted trial balance of Legislative Results Inc., 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 notation to indicate the type of adjustment: To illustrate, the answer for the first account follows:
Answer
AR—Accrued Revenue Normally requires adjustment (AR).
AE—Accrued Expense
UR—Unearned Revenue
PE—Prepaid Expense

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