Post a 150-200 – word response for each of the following (bulleted) questions:

• How would you explain the purpose of the adjusted trial balance to someone who knew nothing about it?

• Which of the following statements is incorrect concerning the adjusted trial balance?             Choose your answer and explain.
  • •        a. An adjusted trial balance proves the equality of the  total debit balances and the total credit balances in the ledger after all adjustments are made.
    •        b. The adjusted trial balance provides the primary basis for the preparation of financial statements.
    •        c. The adjusted trial balance lists the account balances segregated by assets and liabilities.
    •        d. The adjusted trial balance is prepared after the adjusting entries have been      journalized and posted.

• When using search engines, do you normally use the first result or do you browse all of the options?
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