Which of the Following Is a False Statement About the Unadjusted

question 22

Multiple Choice

Which of the following is a false statement about the unadjusted trial balance?

• A)It is not a financial statement for external reporting purposes.
• B)It provides data in a convenient form for preparing the adjusting entries and financial statements.
• C)It provides a check of the equality of the debits and credits of the ledger accounts after transactions have been journalized and posted.
• D)It provides a listing of balance sheet accounts only.

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Definitions:

Compressible

Describes a characteristic of materials or substances that can have their volume significantly reduced under pressure.

Intermolecular Forces

The forces of attraction or repulsion between molecules, affecting the physical properties of substances, such as boiling point and viscosity.

Fuel-Air Explosive

A type of weapon that disperses fuel into the air and ignites it, creating a large blast wave of high temperature and pressure.