2. Which of the following is not correct about an unadjusted trial balance? A. It proves that debits and credits of equal amounts are in the ledger. B. It is the basis for any adjustments to the account balances. C. It proves that debits and credits w'ere properly entered in the ledger accounts D. It supplies a listing of open accounts and their balances.

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter2: T Accounts, Debits And Credits, Trial Balance, And Financial Statements
Section: Chapter Questions
Problem 7E: The following errors were made in journalizing transactions. In each case, calculate the amount of...
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2. Which of the following is not correct about an unadjusted trial balance?
A. It proves that debits and credits of equal amounts are in the ledger.
B. It is the basis for any adjustments to the account balances.
C. It proves that debits and credits w'ere properly entered in the ledger accounts
D. It supplies a listing of open accounts and their balances.

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