If No Adjustments Are Needed for a Particular Company,its

question 27

Multiple Choice

If no adjustments are needed for a particular company,its

• A) trial balance will be identical to its adjusted trial balance.
• B) post-closing trial balance will be identical to its trial balance.
• C) trial balance,adjusted trial balance,and post-closing trial balance will be identical.
• D) adjusted trial balance will be identical to its post-closing trial balance.

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Definitions:

Arithmetic Sequence

A sequence of numbers in which the difference between consecutive terms is constant.

Nth Partial Sum

The sum of the first n terms of a sequence, often used in the context of series.

Increasing Salary

A situation where an individual's income grows over time, reflecting raises, promotions, or other incentives.

Accountant

A professional who performs accounting functions such as audits or financial statement analysis, and is responsible for keeping and interpreting financial records.