The post-closing trial balance contains
A) nominal accounts only.
B) both real accounts and nominal accounts.
C) real accounts only.
D) neither real accounts nor nominal accounts.
Correct Answer:
Verified
Q167: Closing entries will
A) decrease the Retained Earnings
Q168: Use this information to answer the following
Q169: Use this information to answer the following
Q170: Use this information to answer the following
Q171: Use this information to answer the following
Q173: After all closing entries have been posted,which
Q174: Formal closing entries ultimately will affect
A) the
Q175: Which account bypasses the Income Summary account
Q176: The entry to close the Dividends account
Q177: The post-closing trial balance would not include
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