An adjusted trial balance a. Shows the ending account balances in a debit and credit format before

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An adjusted trial balance
a. Shows the ending account balances in a “debit” and “credit” format before posting the adjusting journal entries.
b. Is prepared after closing entries have been posted.
c. Shows the ending account balances resulting from the adjusting journal entries in a “debit” and “credit” format.
d. Is a tool used by financial analysts to review the performance of publicly traded companies.

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Financial Accounting

ISBN: 9781264229734

11th Edition

Authors: Robert Libby, Patricia Libby, Frank Hodge

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