Which statement about QuickBooks reports is false? The Balance Sheet report may be displayed in a standard, summary, or comparative format. The Balance Sheet report shows the assets, liabilities, and equity balances as of a certain date. The Balance Sheet report shows the same information as the Trial Balance report. A detailed report, showing all transactions affecting balance sheet accounts, can be produced.

Question 4 of 30 Adjusting journal entries appear on the Adjusted Trial Balance (worksheet) report only. Trial Balance and Adjusting Journal Entries reports. Adjusted Trial Balance (worksheet), Adjusting Journal Entries, and Journal reports. Adjusted Trial Balance (worksheet) and Trial Balance reports.