Question: What is the difference between an adjusted trial balance and an unadjusted trial balance? The adjusted trial balance is a list of accounts and their
What is the difference between an adjusted trial balance and an unadjusted trial balance?
The adjusted trial balance is a list of accounts and their balances after adjusting entries have been posted.
The adjusted trial balance generally has more accounts listed than the unadfusted triat batance.
The unadjusted trial balance is more up to date and should be used to prepare financial statements.
The adjusted trial balance is used to prepare financial statements.
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