Which of the following accounts appear on the post- closing trial balance?
A) Salaries Payable and Retained Earnings
B) Service Revenue and Insurance Expense
C) Retained Earnings only
D) Insurance Expense only
Correct Answer:
Verified
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Q47: The entry to close revenue accounts:
A)decreases retained
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Q52: The debt ratio measures a firm's ability
Q53: A journal entry contains a debit to
Q54: The entry to close expense accounts):
A)increases total
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