After the adjusting entries are journalized and posted to the accounts in the general ledger the balance of each account should agree with the balance shown on the
A) adjusted trial balance.
B) post-closing trial balance.
C) the general journal.
D) adjustments columns of the worksheet.

Question

Quizplus · Accepted Answer

The adjusted trial balance is prepared after making adjusting entries and it lists all the accounts and their balances after adjustment. The purpose of the adjusted trial balance is to ensure that the total debits equal the total credits and that each account has the correct balance, including the effect of adjusting entries.

After the Adjusting Entries Are Journalized and Posted to the Accounts