The accounts that appear on a post-closing trial balance are:
A)assets, liabilities, withdrawals, and revenues.
B)revenues, expenses, and capital.
C)assets, liabilities, and expenses.
D)assets, liabilities, and capital.

Question

Quizplus · Accepted Answer

The post-closing trial balance includes all permanent accounts, which are assets, liabilities, and capital (or owner's equity). Temporary accounts like revenues, expenses, and withdrawals (or dividends) are closed to the capital account at the end of the accounting period and do not appear on the post-closing trial balance.

The Accounts That Appear on a Post-Closing Trial Balance Are