Questions
MUF0022 Accounting Unit 2 - Semester 2, 2025 Quiz: BDA: Revenues
Single choice
A post-adjustment Trial Balance is
Options
A.a. prepared after all cash transactions have been recorded in the Cash Receipts and Cash Payments journals.
B.b. prepared after the financial reports have been published.
C.c. prepared before all balance day adjustment have been posted to the General Ledger.
D.d. prepared after all balance day adjustment have been posted to the General Ledger.
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Step-by-Step Analysis
Examining the concept of a post-adjustment Trial Balance, we need to assess what state the books are in after adjustments.
Option a: 'prepared after all cash transactions have been recorded in the Cash Receipts and Cash Payments journals.' While cash transactions are recorded in these journals, a po......Login to view full explanationLog in for full answers
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