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.
Why Do the Adjusted Trial Balance. The reason for preparing the adjusted trial balance is to ensure the adjusting entries were done correctly. This is the last step before preparing financial statements that are used by you, your creditors and your shareholders to monitor the performance of your business.