Which of the following accounts would not appear on a post-closing trial balance?
A) Retained Earnings
B) Accumulated Depreciation
C) Depreciation Expense
D) Prepaid Rent
E) All of these accounts would appear on a post-closing trial balance.
Correct Answer:
Verified
Q102: The accrual basis of accounting is often
Q103: When examining the work an accountant performs
Q104: Entries for the following items were
Q105: The intermingling of performance of one
Q106: The result of closing entries is that
Q108: Solve for the unknown item for
Q109: Assume that a firm uses the accrual
Q110: The net income for a period and
Q111: The closing process involve(s):
A)reducing to zero the
Q112: Humana Corporation neglected to make various adjusting
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents