Question $4$

Which of the following statements concerning the adjusted trial balance is CORRECT?

A$.$ Non$-$current assets appear in the credit column of the statement of financial position

B$.$ The closing inventories balance is included in the initial trial balance

C$.$ The owner's drawings taken in the period are shown in the adjustments columns of the adjusted trial balance

D$.$ If the initial trial balance balances, an error may still have been made