The asset, liability, and owner's capital accounts appear on all of the following except the:
A)post-closing trial balance.
B)balance sheet.
C)worksheet.
D)income statement.

Name: The asset, liability, and owner's capital accounts appear on all of the following except the: A)post-closing trial balance. B)balance sheet. C)worksheet. D)income statement.
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Question

Quizplus · Accepted Answer

The income statement only includes revenue and expense accounts, not balance sheet accounts such as assets, liabilities, and owner's capital.

The Asset, Liability, and Owner's Capital Accounts Appear on All