Module 7 – Adjusted Trial Balance
Trial Balance prepared after all the
adjusting entries have been journalized
and posted
The purpose is to prove that the total
debits balances equal total credits
balances in the ledger
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Module 7 – Adjusted Trial Balance, Summaries of Financial Statement Analysis
adjusting entries have been journalized and posted. ▫ The purpose is to prove that the total debits balances equal total credits balances in the ledger.
Typology: Summaries
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Module 7 – Adjusted Trial Balance
Trial Balance prepared after all theadjusting entries have been journalizedand posted The purpose is to prove that the totaldebits balances equal total creditsbalances in the ledger