An unadjusted trial balance shows the general ledger account balances before any adjustments have been made.

Name: An unadjusted trial balance shows the general ledger account balances before any adjustments have been made.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An unadjusted trial balance is prepared to check the equality of debits and credits as recorded in the general ledger before any adjusting entries are made for accruals, allocations, estimations, and other necessary adjustments for financial statement preparation.

An Unadjusted Trial Balance Shows the General Ledger Account Balances