Which of the statements below is not true?
an adjusted trial balance is prepared before all transactions have been journalized.
an adjusted trial balance can be used to prepare financial statements.
an adjusted trial balance should show ledger account balances.
an adjusted trial balance proves the mathematical equality of debits and credits in the ledger.

Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a.change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c.stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.

Ajax corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio? a. 4.72b. 4.97c. 5.23d. 5.51e. 5.80

Todd and jim learned that in building a business plan, it was important for them to: