What Is the Purpose of the Adjusted Trial Balance

question 129

Multiple Choice

What is the purpose of the adjusted trial balance?

• A)To ensure that all transactions have been recorded.
• B)To ensure that total debits equal total credits after the adjustments have been recorded.
• C)To ensure that the correct accounts have been adjusted.
• D)To ensure that there have been no errors in recording the transactions.

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Definitions:

Privileged Group

A social group that is given unearned societal advantages and benefits over other groups based on race, gender, class, or other sociopolitical markers.

United States

A country in North America composed of 50 states and is known for its significant cultural and economic influence globally.

Fiction

A literary genre that involves the creation of stories from the imagination, not necessarily based on real events.

South Asian

Referring to the geographic region of South Asia, which includes countries like India, Pakistan, Bangladesh, and Sri Lanka, or to people originating from this area.