A trial balance prepared before any adjustments have been recorded is
A) An adjusted trial balance
B) Used to prepare the financial statements
C) An unadjusted trial balance
D) Correct with respect to proper balance sheet and income statement amounts
E) Will not have the debits equal to the credits

Question

Quizplus · Accepted Answer

A trial balance prepared before any adjustments have been recorded is an unadjusted trial balance. It is used to ensure that the total debits equal the total credits, but it does not take into account any adjusting entries that may be necessary to prepare accurate financial statements.

A Trial Balance Prepared Before Any Adjustments Have Been Recorded