Adjusted Trial Balance

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Description

A schedule indicating the balances in ledger accounts after end-of-period adjusting entries have been posted. The amounts shown in the adjusted trial balance are carried directly into financial statements.

Concept Prerequisite

Wikipedia Reference

http://en.wikipedia.org/wiki/Adjusted trial balance

Learning Material

Covered in Topic(s)

 
The Accounting Cycle: Accruals & Deferrals