All of the following accounts will appear on the post-closing trial balance except:
A)Capital
B)Depreciation Expense
C)Accounts Payable
D)Land

Question

Quizplus · Accepted Answer

Depreciation expense is a temporary account and is closed at the end of the accounting period, so it will not appear on the post-closing trial balance. The other accounts listed (Capital, Accounts Payable, and Land) are permanent accounts and will appear on the post-closing trial balance.

All of the Following Accounts Will Appear on the Post-Closing