 Hello. In this discussion, we will discuss the discussion question of what is an adjusted trial balance and why is it prepared? So first, we can think about what a trial balance is and then think about what the adjusted trial balance is one way to approach this essay question. So the trial balance, remember, is going to be a list of accounts. It's going to have both the account names and the account balances as of a point in time. And of course, we'll have debits and credits depending on the normal balance of each accounts. Total debits equaling total credits at the end of the trial balance. Now, we're going to see these different names for trial balance, including the unadjusted trial balance, the adjusted trial balance, and possibly a post closing trial balance. Note that from just a conceptual standpoint, these are all just trial balances and really this name of adjusted trial balance or unadjusted or post closing really refer to the time in which the trial balance will be generated. The other thing to keep in mind is that when we think of a trial balance for an adjusted trial balance, we often think about it as of a point in time outside the accounting system, something that we make in basically a worksheet. So in order to think through this, we can think through, it's good to have a picture in our head of basically the broad steps of what we do in the accounting process. First, we're going to have those normal day to day traffic transactions throughout the month or year, entering bills, invoices, checks, and what not. And then at the end of the time period, the end of the month or year, we do the adjusting process. We typically think of, you can think of this happening as the normal stuff happens in a data input process in a database, most likely. And then we generate an unadjusted trial balance that we then use to adjust. So at the end of the time period, then we can, we typically think of it as we're going to generate an unadjusted trial balance that from the system, possibly an accounting system, and then go through the adjusting process, either possibly done by an outside CPA firm or through a different process through a different worksheet. And we typically think of us putting that, that trial balance, that unadjusted trial balance into this separate worksheet, so that we can then do these, these adjusting entries and make sure that they are correct before putting it back into the normal system. So when we think about it that way, you have a direct line of, well, what's the difference between a trial balance and an adjusted trial balance? Well, you can think of the adjusted trial balance as something that we took out of the normal system we put into our little worksheet. And then we purposely made these adjustments to the adjusted trial balance to make sure that they are correct as possible to generate the financial statements from. Once we do that, of course, then we'll probably, at some point, we'll need to enter those adjusting entries into the database system, into the accounting software as well. And we'll have that information there as, as well. But that's going to be the adjusted trial balance. So note that the adjusting entries then, if you see an essay question like this, you may expand a bit on what the essay, what the adjusting process is. And that's going to be something at the end of the time period that we're going to do in order to make sure that financial statements are correct on an cruel basis. And we typically use this worksheet, including an unadjusted trial balance, that is just a trial balance that has not been adjusted, then our adjustment column, and then our adjusted trial balance, the trial balance that has been now adjusted for these timing differences or any type of timing problems, and therefore is the one that is now ready to be used to create financial statements.