English, asked by gayathrigayu271099, 2 months ago

3. The adjusted trial balance is prepared

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Answered by jaiswalnancy2003

Answer:

An adjusted trial balance is prepared after adjusting entries are made and posted to the ledger. This is the second trial balance prepared in the accounting cycle. ... Its purpose is to test the equality between debits and credits after adjusting entries are entered into the books of the company.

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