Which of the following statements about an adjusted trial balance is true?
A)Debits should equal credits both before and after adjustments are made.
B)Debits will equal credits after adjustments are made but not necessarily before.
C)Debits will equal credits before adjustments are made but not necessarily after.
D)Debits do not have to equal credits in the trial balance but they will in the income statement.

Question

Quizplus · Accepted Answer

Debits and credits must always balance, both in the initial trial balance and after adjustments are made. This principle ensures the accounting equation remains balanced.

Which of the Following Statements About an Adjusted Trial Balance