If you live in a planned community, you or various of your neighbors may decide to join the board of your homeowners' association (HOA). It's a way to get involved and to have a say in how your community maintains its quality and acts according to the rules.
This preview shows pages 3â7. Sign up to view the full content. Answer Selected Answer: A trial balance ï· Question 12 1 out of 1 points The primary purpose of the trial balance is to Answer Selected Answer: prove the equality of the debit and credit amounts after posting.
The adjusted trial balance is completed after the adjusting entries are completed. This trial balance has the final balances in all the accounts and is used to prepare the financial statements. The post-closing trial balance shows the balances after the closing entries have been completed.