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5 October, 07:57

An adjusted trial balance:Is a list of all accounts and their balances after adjusting entries. Is a list of all accounts and their balances before adjusting entries. Is a list of all accounts and their balances after closing entries. Is a trial balance adjusted for cash-basis accounting.

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  1. 5 October, 11:20
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    Is a list of all accounts and their balances after adjusting entries

    Explanation:

    There are two columns in the trial balance, namely columns of debits and columns of credits. It is always important to match the total debit and credit columns.

    The debit columns record assets and expenses side while revenues, stockholder equity, and the liability side are recorded in the credit column.

    And, the adjusted trial balance is that trial balance which provided the list of all accounts after recording the adjusting entries
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Home » Business » An adjusted trial balance:Is a list of all accounts and their balances after adjusting entries. Is a list of all accounts and their balances before adjusting entries. Is a list of all accounts and their balances after closing entries.
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