Why is it appropriate to prepare financial statements directly from an adjusted trial balance but not from

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Why is it appropriate to prepare financial statements directly from an adjusted trial balance but not from an unadjusted trial balance?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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