Which one of the following will never appear on a post-closing trial balance?
A) Unearned revenue
B) Retained earnings
C) Rent expense
D) Common stock

Question

Quizplus · Accepted Answer

Rent expense is an income statement account that is closed to Retained Earnings at the end of the accounting period. Therefore, it does not appear on a post-closing trial balance, which only includes balance sheet accounts.

Which One of the Following Will Never Appear on a Post-Closing