Which of the following accounts would not be shown on the post-closing trial balance?
A) Rent Expense
B) Retained Earnings
C) Cash
D) Common Stock
Correct Answer:
Verified
Q20: The post-closing trial balance contains only permanent
Q141: If a prepaid expense is initially recorded
Q142: The post-closing trial balance proves the accuracy
Q143: If a prepaid expense is initially recorded
Q144: If service revenue is $260,000, total expenses
Q145: To close out the income summary _.
A)
Q147: List the steps required to close temporary
Q148: Which of the following accounts would not
Q149: Prepaid expenses may be initially recorded as
Q150: Which of the following accounts would be
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