Monday, December 12, 2011

What is the major difference between the Unadjusted Trial Balance and the Adjusted Trial Balance?

___ The Adjusted Trial Balance will show the net income (loss) as an additional account.





___Both will need to be in balance in order to continue with the end-of-period processing.





___The Adjusted Trial Balance includes the postings of the adjustments for the period in the balance of the accounts.





___The Unadjusted Trial Balance will be used to record the adjustments for the period.|||number 1 is correct -- think it is about time to do your own home work!!!|||i'd say #4 - the unadjusted TB will be used to record the adjustments for the period. #1 will also do in certain systems.|||#3 is the right answer

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