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The Adjusted Trial Balance Is Used in the Preparation of the Statement

question 34

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The adjusted trial balance is used in the preparation of the statement of cash flows because it contains the balance sheet, income statement, and retained earnings statements for the current period.


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A key or command used to close or exit an application or window.

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Refers to setting or changing the amount or status of a variable or property in programming, mathematics, or data management.

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A single data point or element in a spreadsheet or table, identified by the intersection of a column and a row.

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A collection of guidelines in mathematics that specifies the order in which operations are to be executed.

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