Which Statement Is incorrect Concerning the Adjusted Trial Balance

question 50

Multiple Choice

Which statement is incorrect concerning the adjusted trial balance?

• A)An adjusted trial balance proves the equality of the total debit balances and the total credit balances in the ledger after all adjustments are made.
• B)The adjusted trial balance provides the primary basis for the preparation of financial statements.
• C)The adjusted trial balance lists the account balances in order of their magnitude.
• D)The adjusted trial balance is prepared after the adjusting entries have been journalized and posted.

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