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The December 31, 2024, adjusted trial balance for Kline Enterprises was as follows:

A) Unadjusted
B) Initial
C) Closing
D) Opening

1 Answer

5 votes

Final answer:

The subject of this question is Accounting and the grade level is College. The correct answer is (C) Closing, as the December 31, 2024, adjusted trial balance is the closing trial balance for that year.

Step-by-step explanation:

The subject of this question is Accounting. The student is asking about the adjusted trial balance for Kline Enterprises as of December 31, 2024.

An adjusted trial balance is prepared after adjusting entries have been recorded and posted to the general ledger. It shows the balance of each account after adjustments have been made. The options given (A) Unadjusted, (B) Initial, (C) Closing, (D) Opening) refer to different types of trial balances.

The correct answer to this question is (C) Closing, as the question specifically mentions the year-end adjusted trial balance.

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