Multiple Choice Question

Explain the difference between the unadjusted and the adjusted trial balance.

Multiple choice question.

The adjusted trial balance is prepared after adjusting entries have been recorded and posted.

The unadjusted trial balance is more up to date than the adjusted trial balance.

The adjusted trial balance contains only the accounts which were adjusted. The unadjusted trial balance contains all of the remaining accounts.

The unadjusted trial balance is more accurate and should be used to prepare financial statements.