Which types of accounts will appear in the post-closing trial balance?
A)Permanent accounts.
B)Temporary accounts.
C)Accounts shown in the income statement columns of a work sheet.
D)None of these answer choices are correct.

Question

Quizplus · Accepted Answer

Permanent accounts appear in the post-closing trial balance because they are not closed at the end of the accounting period and carry their balances into the next period. Temporary accounts are closed to retained earnings and do not appear in the post-closing trial balance.

Which Types of Accounts Will Appear in the Post-Closing Trial