Accountıng I Deneme Sınavı Sorusu #1313721
Which of the following will be the starting point for the preparation of financial statements?
Adjusted Trial Balance |
Income Statement |
General Ledger |
Assets Amount |
Closing entries |
Yanıt Açıklaması:
For the preparation of financial statements, the starting point is the adjusted trial balance. Adjusted trial balance is one form of trial balance that holds in-term transactions’ totals and balances as well as the end of the period transactions’ totals and balances for final checking of the accounts and preparation of financial statements.
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