Which Statement Is Correct Concerning the Adjusted Trial Balance

Multiple Choice

Which statement is correct concerning the adjusted trial balance?

A) An adjusted trial balance eliminates the need for the preparation of financial statements.
B) The purpose of an adjusted trial balance is to prove the equality of the total debit balances and the total credit balances in the ledger.
C) An adjusted trial balance will contain only permanent-balance sheet-accounts.
D) The adjusted trial balance is prepared after the adjusting entries have been journalized but before they have been posted.