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On the basis of the information from the adjusted trial balance, what financial aspect can be assessed?

A) Revenue generation
B) Cost analysis
C) Balance sheet items
D) Operating expenses

User Bruso
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1 Answer

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Final answer:

The financial aspect that can be assessed based on the information from the adjusted trial balance is balance sheet items.

Step-by-step explanation:

The financial aspect that can be assessed based on the information from the adjusted trial balance is C) Balance sheet items.

Adjusted trial balance is a statement that lists all the accounts and their balances after adjusting entries have been made. It is used to prepare the financial statements, including the balance sheet.

The balance sheet presents a snapshot of a company’s financial position at a specific point in time and includes assets, liabilities, and equity. By analyzing the balance sheet items, one can assess the company's financial health and its ability to meet its long-term obligations.

User Carlos
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