The totals of the Adjusted Trial Balance columns on an end-of-period spreadsheet will always be the sum of the Trial Balance column totals and the Adjustments column totals.

Question

Quizplus · Accepted Answer

The totals of the Adjusted Trial Balance columns are the result of adjusting the original Trial Balance amounts with the Adjustments, not simply adding the column totals.

The Totals of the Adjusted Trial Balance Columns on an End-Of-Period