Revenues, expenses, and withdrawals would not appear on a(n):
A)post-closing trial balance.
B)adjusted trial balance.
C)unadjusted trial balance.
D)worksheet.

Question

Quizplus · Accepted Answer

Revenues, expenses, and withdrawals are temporary accounts that are closed to the owner's capital account at the end of the accounting period. A post-closing trial balance includes only permanent accounts, which are the asset, liability, and capital accounts that carry over into the next accounting period.

Revenues, Expenses, and Withdrawals Would Not Appear on A(n)