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Showing posts with the label What is Unadjusted Trial Balance In Accounting

What Is An Unadjusted Trial Balance - Definition - Meaning - Format

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An Unadjusted Trial B alance shows the Closing B alances of Accounts before making any Adjustments on those accounts on which there is need to make adjustments. These accounts are related to Accruals And Deferrals according To Accrual Basis of Accounting . So, in unadjusted trial balance, Adjusting Entries are not passed to show true and fair results of accounts. So, there is need to prepare Adjusted Trial Balance . Unadjusted Trial B alance Format / Sample Below is the U nadjusted Trial Bala nce Format / Sample for the company for the period.