Calculator Using accrual accounting, expenses are recorded and reported only Oa. when they are incurred and paid at the same time O b. if they are paid before they are incurred Oc. if they are paid after they are incurred O d. when they are incurred, whether or not cash is paid Calculator When is the adjusted trial balance prepared? O a. after adjusting journal entries are posted O b. before adjusting journal entries are posted Oc. after the adjusting journal entries are journalized O d. before the adjusting journal entries are journalized