When is the adjusted trial balance prepared?

A) before adjusting journal entries are posted
B) after adjusting journal entries are posted
C) after the adjusting journal entries are journalized
D) before the adjusting journal entries are journalized

Adjusted Trial Balance

A listing of all company accounts that will appear in the financial statements after adjustments have been made for balances at the end of an accounting period.

Adjusting Journal Entries

Entries made in the general journal at the end of an accounting period to allocate revenues and expenses to the period in which they actually occurred.

Prepared

The state of being made ready in advance for a specific purpose or event.