/ilm/takeAsslghmenytakertng Calculator When is the adjusted trial balance prepared? a. after adjusting journal entries are posted Ob. before adjusting journal entries are posted Oc, after the adjusting journal entries are journalized O d. before the adjusting journal entries are journalized Calculator Which of the following is not true regarding depreciation? Oa. Depreciation expense reflects the decrease in market value each year. Ob. Depreciation is an allocation not a valuation method. O c. Depreciation expense does not measure changes in market value. Od. Depreaiation allocates the cost of a fixed asset over its estimated life. All work saved