The trial balance prepared after all closing entries have been journalized and posted is called the:
A)Unadjusted trial balance.
B)Post-closing trial balance.
C)General ledger.
D)Adjusted trial balance.
E)Work sheet.

Question

Quizplus · Accepted Answer

The post-closing trial balance is the trial balance that is prepared after all closing entries have been journalized and posted. This trial balance includes only permanent accounts, as all temporary accounts have been closed. The other options listed do not accurately describe the trial balance prepared after closing entries.

The Trial Balance Prepared After All Closing Entries Have Been