A Trial Balance Prepared After the Closing Entries Have Been

question 154

Multiple Choice

A trial balance prepared after the closing entries have been journalized and posted is the:

• A) Unadjusted trial balance.
• B) Post-closing trial balance.
• C) General ledger.
• D) Adjusted trial balance.
• E) Work sheet.

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Definitions:

Entrepreneurial Abilities

The skills and qualities that enable an individual to identify opportunities, allocate resources, and create value or start a business.

Housing Discrimination

The illegal practice of denying an individual or group the opportunity to buy or rent housing based on race, gender, ethnicity, religion, or other protected status.

William Levitt

An American real-estate developer recognized for popularizing the concept of mass-produced suburbia with his development of Levittown.

Suburbanization

The process of population movement from within cities to the outskirts, creating residential and sometimes business developments.