What is the first account that should be listed in the post-closing trial balance?
A)Dividends
B)Common Stock
C)Cash
D)Fees Earned

Name: What is the first account that should be listed in the post-closing trial balance? A)Dividends B)Common Stock C)Cash D)Fees Earned
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Question

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The first account listed in the post-closing trial balance is Cash, as it is an asset account and assets are listed first in the trial balance according to the accounting equation (Assets = Liabilities + Equity).

What Is the First Account That Should Be Listed in the Post-Closing