Accounts Requiring Adjustment Indicate with a Yes or No whether or not each of the following accounts normally requires an adjusting entry: Classifying Assets Identify each of the following as a current asset or property, plant, and equipment:a. Building YES/NOb. Cash YES/NOc. Interest Expense YES/NOd. Miscellaneous Expense YES/NOe. Common Stock YES/NOf. Prepaid Insurance YES/NO Solution Accounts Requiring Adjustment a) Building : Yes b) Cash : No c) Interest Expense : Yes d) Miscellaneous Expense : No e) Common Stock : Yes f) Prepaid Insurance : Yes Classifying Assets 1. Accounts Receivable : Current Asset 2. Building : Property Plant and Equipment 3. Cash : Current Asset 4. Equipment : Property Plant and Equipment 5. Prepaid Insurance : Current Asset 6. Supplies ; Current Asset.