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January 23, 2009

What is an adjusted trial balance?

An adjusted trial balance is a listing of all the account titles and balances contained in the general ledger after the adjusting entries for an accounting period have been posted to the accounts.

The adjusted trial balance is an internal document and is not a financial statement. The purpose of the adjusted trial balance is to be certain that the total amount of debit balances in the general ledger equals the total amount of credit balances.

Learn more about Debits and Credits.

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10 Responses to “What is an adjusted trial balance?”

  1. latif on February 8th, 2009 12:27 am

    unexpired insurance Rs:2,000. which is its adjusted entries

  2. A.shukur on February 9th, 2009 5:04 am

    Dear sir/madam

    i need some more problems and solutions about accounting cycle
    thank you

    regard
    A.shukur

  3. maher taweel on April 8th, 2009 5:32 am

    Dear sir/madam

    i would appretiate if u send me some problems and solutions about amortizations and depreciation and i would be thanx for that .i would be waiting your reply thanx any wauy

    regard
    M.taweel

  4. karabo on April 18th, 2009 8:11 am

    i need to know an example of an adjusted trial balance,a well detailed adjusted trial balance.

  5. Madel on May 18th, 2009 9:36 pm

    Sir/Madam,
    I just wanted to ask on how to close the vat payable & Input in the trial balance?
    example: 1. Purchases xx
    Vat Input xx
    Cash In Bank xx

    2. Vat Payable xx
    Cash In Bank xx

    And if posible sir, can i have also an example of a trial balance.
    Thank you very much.

    regard
    Madel

  6. pavan on May 25th, 2009 5:45 am

    Sir/Madam

    i want know what items come into debit and credit side in trial balance with detailed example

    Regards,
    Pavan

  7. hilda on June 11th, 2009 4:35 pm

    dear sir
    this web sites helps me alot in my study and i am very interest in it
    I would like to ask if i can have a classified trial balance and what account affected when we need to close those account
    I hope to hear from you as soon as possible
    Beside that keep up with this website and may God give you strength to continue with this hard job as well as his blessing to be upon you.

  8. Mrs. Ahuja on July 17th, 2009 9:03 am

    Dear sir,
    I want to know how to prepare Trial -balance, what items come on debit side and credit side in trial balance with example.
    thanks

  9. Jacky on September 30th, 2009 7:41 am

    prepaare Trial Balance

  10. edwin on October 27th, 2009 2:45 pm

    dear sir
    i want to know what are the basic establish internal control of cash dont mind can you explain to me thank you

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