Which of the following accounts does NOT typically require an adjusting entry?

Cash accounts typically do not require adjusting entries because they are generally affected directly by transactions at the time they occur. For example, when cash is received or paid, the cash account is immediately updated to reflect that change. Thus, cash balances represent up-to-date amounts based on actual transactions without the need for further adjustments.

In contrast, accrued liabilities, unearned revenue, and prepaid expenses are all reliant on the passage of time or specific conditions that necessitate periodic adjustments. Accrued liabilities need adjusting entries to recognize expenses that have been incurred but not yet paid. Unearned revenue requires adjustments to acknowledge revenue that has been earned over time, although payment has been received in advance. Similarly, prepaid expenses must be adjusted to account for the portion of expenses that have been consumed or expired over a specified period. These adjustments ensure that financial statements accurately reflect the company's financial position and performance.