What is the purpose of the adjusted trial balance?
A) to verify that all of the adjusting entries have been posted
B) to verify that the net income (loss) is correctly reported
C) to verify that no adjusting journal entry has been omitted
D) to verify that the debits and credits balance

Question

Quizplus · Accepted Answer

The adjusted trial balance is used to verify that the total debits equal total credits after adjusting entries have been made, ensuring the ledger is balanced.

What Is the Purpose of the Adjusted Trial Balance