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    Financial Accounting

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    What is the relationship, if any, between the amount shown in the adjusted trial balance column for an account and that account's actual ledger balance?

    © BrainMass Inc. brainmass.com June 3, 2020, 5:03 pm ad1c9bdddf
    https://brainmass.com/business/business-math/financial-accounting-12277

    Solution Preview

    The error free unadjusted trial balance account entries match with the actual ledger balance. Hence, adjusting entries are journal entries made at the end of the accounting period to allocate revenue and expenses to the period in which they actually are ...

    Solution Summary

    The relationship between the adjusted trial balance column for an account and that account's actual ledger balance is discussed in detail.

    $2.19

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