QUESTION 12 Which does not represent an expense on an income statement? a. Depreciation Expense b. Cost of goods sold O Salaries payable d. Interest expense QUESTION 13 Which of the following best describes the difference between an unadjusted trial balance and an adjusted trial balance? Oa. An unadjusted trial balance is prepared before the adjusting entries have been made, while an adjusted trial balance is prepared after the adjusting entries have been made An unadjusted trial balance is prepared at the start of the accounting period and is not provided to external decision makers, b. while an adjusted trial balance is prepared at the end of the period and is provided to external decision makers c. An unadjusted trial balance is prepared after the post-closing trial balance An unadjusted trial balance is prepared by companies that make adjusting entries, while an adjusted trial balance is prepared by companies that do not make adjusting entries Od