Review the unadjusted trial balance below.
|Unadjusted Trial Balance||DEBIT||CREDIT|
|Accumulated Depreciation, Equipment||\$80,000|
|Cost of Goods Sold||\$150,000|
|Salaries & Wages Expense||\$100,000|
|Other Operating Expenses||\$40,000|
Which accounts would likely change during the adjusting entry process (assuming no errors need to be corrected)?
Two of the accounts likely to need adjusting (or need to be checked before finalizing adjustments) would include: