Time Remaining $13$ minutes $6$ seconds

$00$:$13$:$06$

Item $22$

Time Remaining $13$ minutes $6$ seconds

$00$:$13$:$06$

Which of the following statements about the post$-$closing trial balance is correct?

Multiple Choice

The post$-$closing trial balance will be distributed to investors and other stakeholders along with the financial statements.

The post$-$closing trial balance is an internal report prepared at the end of the accounting cycle.

The post$-$closing trial balance is a report prepared before the adjustments and the financial statements to prove that debits equal credits.

The post$-$closing trial balance proves that all entries have been made correctly and accurately during the accounting period.