If no errors have been made,when a company prepares its adjusted trial balance:
A)assets will equal liabilities plus Retained Earnings.
B)stockholders' equity will include the current period's net income.
C)the debit column and the credit column will be equal.
D)income statement accounts will have been closed.

Question

Quizplus · Accepted Answer

The adjusted trial balance is a check on the equality of debits and credits recorded in the accounting process.As a result,if no errors have been made,the debit and credit column totals will be equal.

If No Errors Have Been Made,when a Company Prepares Its