in a typical accounting cycle, how many times is a trial balance prepared? Once

ID: 342084 • Letter: I

Question

in a typical accounting cycle, how many times is a trial balance prepared?

Once at the end of the period

Twice - the trial balance and the adjusted trial balance

Four times - trial balance, adjusted trial banance and adjusted trial balance II, and post-closing trial balance

Five times - trial, adjusted trial I and adjusted trial II, pre-closing trial and post-closing trial balance

Once at the end of the period

Twice - the trial balance and the adjusted trial balance

Four times - trial balance, adjusted trial banance and adjusted trial balance II, and post-closing trial balance

Five times - trial, adjusted trial I and adjusted trial II, pre-closing trial and post-closing trial balance

Four times - trial balance, adjusted trial balance and adjusted trial balance II, and post-closing trial balance

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