Trial Balance in QuestionForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Trial Balance in QuestionThis topic has 3 replies, 2 voices, and was last updated 10 years ago by MikeLittle.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts November 29, 2014 at 3:36 pm #214439 annz2020MemberTopics: 17Replies: 14☆If Trial Balance given in MCQ, should i assume figures in Trial Balance is before adjustment or after adjustment?Thanks November 29, 2014 at 10:51 pm #214538 MikeLittleKeymasterTopics: 27Replies: 23272☆☆☆☆☆That’s a tricky one. Your examiner calls a trial balance as one that is after the closing inventory adjustment but technically that’s incorrectAccept it that the trial balance is AFTER closing inventory has been accounted for.If he tells you cost of sales, that’s after.If he tells you an amount for purchases, that’s BEFORE closing inventory has been accounted forOk? December 1, 2014 at 1:52 pm #215113 annz2020MemberTopics: 17Replies: 14☆Thank u December 1, 2014 at 2:27 pm #215133 MikeLittleKeymasterTopics: 27Replies: 23272☆☆☆☆☆You’re welcomeAuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In