An adjusted trial balance shows that
A)all journal entries have been made.
B)debits equal credits in the ledger accounts after the adjusting entries have been made.
C)all accounts have the correct balance.
D)no posting errors have been made.

Question

Quizplus · Accepted Answer

An adjusted trial balance is prepared after adjusting entries are made and posted to the ledger, to ensure that total debits still equal total credits. It does not guarantee that all journal entries have been made, that all accounts have the correct balance, or that no posting errors have been made.

An Adjusted Trial Balance Shows That