A post-closing trial balance should be prepared
A) before closing entries are posted to the ledger accounts.
B) after closing entries are posted to the ledger accounts.
C) before adjusting entries are posted to the ledger accounts.
D) after adjusting entries are posted to the ledger accounts.

Question

Quizplus · Accepted Answer

A post-closing trial balance is prepared after closing entries are posted to the ledger accounts to ensure that debits equal credits after the closing process.

A Post-Closing Trial Balance Should Be Prepared