The Accounts in the Adjusted Trial Balance Contain All the Data

question 214

True/False

The accounts in the adjusted trial balance contain all the data the company needs to prepare its statement of financial position.

---

Definitions:

Field List

A window or pane in database and software development tools that displays the fields available from a data source, such as a table or query.

CustomerName Field

A database field specifically designed to store the name information of a customer.

A-Z Order

Arranging data in ascending alphabetical order from A to Z, based on the first character of the dataset elements.

Calculated Field

A field in databases or spreadsheets that performs a calculation based on other fields and stores the result.