the trial balance that is prepared after the books are closed is called the:\no adjusted trial balance\no…

the trial balance that is prepared after the books are closed is called the:\no adjusted trial balance\no unadjusted trial balance\no pre - closing trial balance\no post - closing trial balance\n\nquestion 20\n1 pts\nreversing entries are a special type of entry designed to reverse adjustments made at the end of the previous accounting period.\no false\no true

the trial balance that is prepared after the books are closed is called the:\no adjusted trial balance\no unadjusted trial balance\no pre - closing trial balance\no post - closing trial balance\n\nquestion 20\n1 pts\nreversing entries are a special type of entry designed to reverse adjustments made at the end of the previous accounting period.\no false\no true

Answer

Brief Explanations:

For the first question, the trial - balance prepared after closing the books is called the post - closing trial balance. It shows the balances of permanent accounts. For the second question, reversing entries are indeed a special type of entry designed to reverse adjustments made at the end of the previous accounting period. They simplify the accounting process in the next period.

Answer:

  1. D. Post - Closing Trial Balance
  2. True