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The spoils system under Andrew Jackson resulted in
Unadjusted Trial Balance
A preliminary report in accounting that lists all the balances from all the accounts before any end-of-period adjustments are made.
Adjustments
Changes made to accounts to record actual events that have occurred but haven't yet been recorded by the end of the accounting period.
Income Statement
A financial document that shows a company's revenues, expenses, and net income over a certain period of time.
Adjusted Trial Balance
A list of all the accounts of a company, showing the balance of each after adjustments have been made for journal entries, typically used in the preparation of financial statements.
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