Deleted files are not permanently removed from the hard drive or the computers memory. Before they are permanently removed from the system they are stored in Recycle Bin. Recycle Bin is a folder or directory where deleted items are temporarily stored. It is also called as trash.
Financial statements can be prepared from the Adjusted trial balance. A trial balance is a report containing list of all the general ledger accounts i.e, debits and credits contained in the ledger of a business. The types of trial balance include : Unadjusted trial balance, Adjusted trial balance and the Post- closing trial balance.