The adjusted trial balance represents the combination of the unadjusted trial balance and the adjustments columns.

Name: The adjusted trial balance represents the combination of the unadjusted trial balance and the adjustments columns.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The adjusted trial balance includes the account balances from the unadjusted trial balance plus the adjustments made for accruals, deferrals, and other financial events to reflect the true financial position of the entity at the end of the accounting period.

The Adjusted Trial Balance Represents the Combination of the Unadjusted