Adjusted Trial Balance
An adjusted trial balance is needed to ensure the accuracy and completeness of a company’s financial statements. It is prepared after adjusting journal entries to the accounts at the end of an accounting period (Warren, Jonick & Schneider, 2020). Errors and omissions can be identified and corrected by comparing the adjusted trial balance to the unadjusted trial balance. This aids to warrant that the monetary accounts correctly replicate the monetary situation and performance of the company, which is essential for making informed business decisions and meeting regulatory requirements (Warren, Jonick & Schneider, 2020).
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Reference
Warren, C. S., Jonick, C., & Schneider, J. (2020). Financial accounting. Cengage Learning.
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Question 
Adjusted Trial Balance
Module Four Discussion Question #2
This course discussion aims to apply what you have learned after reading the chapter material and reviewing the PowerPoint.
Presentations. Keep in mind that this discussion question will help prepare you for homework and future assessments, so it is important that you understand the information and actively participate in discussions. You may also have to conduct research outside of course-provided material to supplement your learning and enhance your understanding.
Prepare an adjusted trial balance from the following adjusted account balances (assume accounts have normal balances.
Account Balances
Account payable $ 6,600
Accounts receivable 12,750
Administrative expense 49,150
Cash 28,900
Common stock 15,000
Prepaid insurance 8,800
Service revenue 78,000
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