Of the following accounts, which might appear in the adjusted trial balance, but not in the post-closing trial balance?
A) Accumulated Depreciation
B) Office Supplies
C) Accounts Receivable
D) Service Revenue

Question

Quizplus · Accepted Answer

Service Revenue is a temporary account that is closed to Retained Earnings at the end of the accounting period. The adjusted trial balance includes all accounts, both temporary and permanent, but the post-closing trial balance includes only permanent accounts. Accumulated Depreciation, Office Supplies, and Accounts Receivable are all permanent accounts and would appear in both the adjusted and post-closing trial balances.

Of the Following Accounts, Which Might Appear in the Adjusted