Multiple Choice
A 10-column spreadsheet used to draft a company's unadjusted trial balance, adjustingentries, adjusted trial balance, and financial statements, and which is an optional step in the accounting process, is a(n) :
A) Adjusted trial balance.
B) Post-closing trial balance.
C) Work sheet.
D) Book of final entry.
E) Unadjusted trial balance.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Below is the year-end adjusted trial balance
Q17: (A) In a sole proprietorship, Income Summary
Q19: When closing entries are made<br>A)All balance sheet
Q20: An error is indicated if the following
Q21: Accounts that are used to describe assets,
Q22: A post-closing trial balance shows<br>A)All ledger accounts
Q23: Which of the following statements is incorrect?
Q26: Which of the following statements is incorrect?
Q29: The normal order for the asset section
Q60: Explain the purpose of closing entries and