A post-closing trial balance will show account balances for which of the following?
A) permanent and temporary accounts.
B) permanent accounts only.
C) temporary accounts only.
D) income statement accounts only.
Correct Answer:
Verified
Q12: Expenses paid before being used or consumed
Q72: A post-closing trial balance will show
A) zero
Q73: Which of the following is one of
Q75: Which of the following applies to both
Q76: The statement of earnings is prepared by
Q78: The purpose of preparing the post-closing trial
Q79: A trial balance prepared after the closing
Q80: The purpose of the post-closing trial balance
Q81: At the end of the accounting period,
Q82: A trial balance is a list of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents