The post closing trial balance contains which of the following accounts?

Question

Quizplus · Accepted Answer

The post closing trial balance only contains permanent accounts, which are those that are not closed at the end of the accounting period. Among the options given, only Accumulated Depreciation is a permanent account, whereas Service Revenue, Depreciation Expense, and Dividends are all temporary accounts that are closed out to Retained Earnings at the end of the accounting period. Therefore, only C, Accumulated Depreciation, would be included in the post closing trial balance.

The Post Closing Trial Balance Contains Which of the Following