Final answer:
Accrued Legal Revenue requires year-end adjusting entries, while Accounts Receivable and Land do not.
Step-by-step explanation:
1) Accrued Legal Revenue: Yes, this account needs year-end adjusting entries. Accrued revenue represents revenue that has been earned but not yet received. At the end of the accounting period, an adjusting entry is made to recognize the revenue and the corresponding accounts receivable.
2) Accounts Receivable: No, this account does not typically require year-end adjusting entries. Accounts receivable represents amounts owed by customers for goods or services provided. Adjusting entries are generally not needed for this account unless there are specific circumstances such as unrecoverable bad debts.
3) Land: No, this account does not require year-end adjusting entries. Land is a long-term asset and is not subject to adjustments for expenses or revenue. It remains at its original cost on the balance sheet.