Adjusted Trial Balance

Adjusted Trial Balance

Prepare an adjusted trial balance for "$ARGUMENTS". Incorporate adjusting entries and verify that debits still equal credits.

Prerequisites

Read .metapowers/accounting/$ARGUMENTS/04-trial-balance.md for the unadjusted balances and .metapowers/accounting/$ARGUMENTS/05-adjust.md for the adjusting entries.

Process

1. Apply adjusting entries:

   • Start with the unadjusted trial balance
   • Post each adjusting entry to the affected accounts
   • Calculate new account balances incorporating all adjustments

2. Prepare the adjusted trial balance:

   • List every account with its adjusted balance
   • Place debit balances in the debit column and credit balances in the credit column
   • Order accounts by category: assets, liabilities, equity, revenue, expenses

3. Verify balance:

   • Sum all adjusted debit balances
   • Sum all adjusted credit balances
   • Confirm totals are equal
   • If not, trace the discrepancy back to the adjusting entries

4. Write the artifact to .metapowers/accounting/$ARGUMENTS/06-adjusted-balance.md with sections:

   • Adjusted Trial Balance — all accounts with unadjusted balance, adjustments, and adjusted balance columns
   • Balance Verification — total debits, total credits, and difference (should be zero)
   • Adjustment Impact — summary showing how each account changed from unadjusted to adjusted

Output

The adjusted trial balance written to .metapowers/accounting/$ARGUMENTS/06-adjusted-balance.md. Present a summary highlighting:

• Total adjusted debits and credits
• Whether the adjusted trial balance is in balance
• Accounts most affected by adjustments