Examlex
Which of the following statements is true of the operating budget?
Adjusted Trial Balance
A financial statement that lists all the accounts and balances after adjustments have been made.
Partial Worksheet
A tool in accounting that shows a portion of the ledger accounts for a specific purpose, not a full financial statement.
Adjusted Trial Balance
The adjusted trial balance is a list of all the accounts of a company, showing the balances after adjustments have been made for accruals, prepayments, depreciation, and other accounting adjustments.
Unadjusted Trial Balance
A list of all the general ledger accounts along with their balances at a particular date before any adjustments are made for the end-of-period accounting.
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