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Financial statements are prepared from a(n): general ledger. general journal. adjusted trial balance. unadjusted trial balance.
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Asked 9/12/2012 9:00:58 PM
Updated 3/4/2015 8:39:25 AM
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Flagged by debnjerry [3/4/2015 8:39:25 AM]
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User: Financial statements are prepared from a(n): general ledger. general journal. adjusted trial balance. unadjusted trial balance.

Weegy: b. general ledger. Post to general ledger: The general journal entries are posted to the general ledger, which is organized by account. [ All transactions for the same account are collected and summarized; for example, the account entitled "Sales" will accumulate the total value of the sales for the period. If posting were done daily, the "Sales" account in the ledger would show the total sales for each day as well as the cumulative sales for the period to date. Posting to ledger accounts may be less frequent, perhaps at the end of each day, at the end of the week, or possibly even at the end of the month. ]
mayngls_15|Points 400|

Question
Asked 9/12/2012 9:00:58 PM
Updated 3/4/2015 8:39:25 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by debnjerry [3/4/2015 8:39:25 AM]
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Financial Statements are prepared from an adjusted trial balance.
Added 3/4/2015 8:39:25 AM
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