An adjusted trial balance should be prepared immediately:_________ a.after preparing the financial statements, but before closin

An adjusted trial balance should be prepared immediately:_________

a.after preparing the financial statements, but before closing entries.
b.before posting adjusting entries.
c.after posting adjusting entries.

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  1. Answer:

    c.after posting adjusting entries.

    Explanation:

    A trial balance is a list of all the account balances at the end of a period.

    An adjusted trial balance is a trial balance that contains all adjusting entries made as a result of transactions omitted from the books of account or adjustments as a result of errors in transaction recorded during the year.

    An adjusted trial balance should be prepared immediately after posting adjusting entries. This is used to prepare the financial statements

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