Which of the following are NOT included in a post-closing trial balance?
A) Assets and liabilities
B) Owner, Capital and assets
C) Owner, Capital and liabilities
D) Revenues and expenses

Question

Quizplus · Accepted Answer

The post-closing trial balance only includes permanent accounts, such as assets, liabilities, and owner's equity. Revenues and expenses are temporary accounts that are closed at the end of the accounting period and do not appear on the post-closing trial balance.

Which of the Following Are NOT Included in a Post-Closing