A trial balance prepared after adjustments have been recorded is called a(n)
A) Balance sheet
B) Adjusted trial balance
C) Unadjusted trial balance
D) Summary trial balance
E) Income statement

Question

Quizplus · Accepted Answer

The adjusted trial balance is prepared after adjustments have been recorded to ensure that all accounts are properly updated and to confirm that total debits equal total credits. The other options (balance sheet, unadjusted trial balance, summary trial balance, income statement) are either prepared at different stages of the accounting cycle or are not relevant to this question.

A Trial Balance Prepared After Adjustments Have Been Recorded Is