Which of the following do NOT show up on a post- closing trial balance?
A)Revenues and expenses
B)Capital and assets
C)Capital and liabilities
D)Assets and liabilities

Name: Which of the following do NOT show up on a post- closing trial balance? A)Revenues and expenses B)Capital and assets C)Capital and liabilities D)Assets and liabilities
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Question

Quizplus · Accepted Answer

Revenues and expenses are closed out to retained earnings at the end of the period, so they do not appear on the post-closing trial balance.

Which of the Following Do NOT Show Up on a Post-