The adjusted trial balance is completed to check that debits still equal credits after the income statement is prepared.
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Q4: As a company uses supplies,an adjustment should
Q4: After posting the closing entries,all the revenue
Q9: A company forgot to make an adjusting
Q10: If a company failed to record depreciation
Q11: A post-closing trial balance should include only
Q12: The purpose of adjusting entries is to
Q14: You mistakenly include a contra account of
Q14: Depreciation is a measure of the decline
Q19: A contra-account is added to the account
Q20: Adjusting entries often involve cash.
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