Which of the following accounts would most likely not require an adjusting entry in the future?

A. Unearned subscriptions revenue

B. Office supplies

C. Utilities payable

D. Prepaid rent

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