After preparing the adjusted trial balance, those figures are used to complete the balance sheet only.

Name: After preparing the adjusted trial balance, those figures are used to complete the balance sheet only.
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Question

Quizplus · Accepted Answer

The figures from the adjusted trial balance are used to prepare not only the balance sheet but also the income statement and, in some cases, other financial statements such as the statement of retained earnings.

After Preparing the Adjusted Trial Balance, Those Figures Are Used