Which of the Statements Below Is Not True

question 25

Multiple Choice

Which of the statements below is not true?

• A) An adjusted trial balance should show ledger account balances.
• B) An adjusted trial balance can be used to prepare financial statements.
• C) An adjusted trial balance proves the mathematical equality of debits and credits in the ledger.
• D) An adjusted trial balance is prepared before all transactions have been journalized.

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