Which of the following would likely appear in an adjusting entry?

In the context of adjusting entries, the option that would likely appear is Insurance Expense. Adjusting entries are made at the end of an accounting period to recognize revenues and expenses that have not yet been recorded or to update the balances of existing accounts. Insurance Expense is a typical account that requires adjustment because businesses often pay for insurance coverage in advance, resulting in the need to systematically recognize the expense over time as the coverage is used.

Specifically, when an organization pays for a yearly insurance policy upfront, the initial transaction might debit an asset account (such as Prepaid Insurance). As time passes, the company would then recognize a portion of that prepaid amount as an expense each month or each period as insurance coverage is used, thus necessitating an adjusting entry.

On the other hand, accounts like Cash or Buildings are not typically involved in adjusting entries at the end of a reporting period. Cash usually represents actual funds that have been received or paid and wouldn’t require adjustment in the way expenses do. Meanwhile, Buildings are a long-term asset and their values do not fluctuate frequently enough to warrant regular adjusting entries, although depreciation may require adjustment but that is more specific than the broad category given in the question. Therefore, Insurance Expense fits the criteria for common adjustments,