Which of the following accounts will have a zero balance on a post-closing trial balance?
A)Accumulated Depreciation.
B)Dividends.
C)Deferred Revenue.
D)Cash.

Question

Quizplus · Accepted Answer

Since the temporary accounts have been closed,the post-closing trial balance will include zero balances for the revenue,expense,and Dividends accounts.Cash,Accumulated Depreciation,and Deferred Revenue are permanent accounts and are not closed;therefore,their balances will appear on the post-closing trial balance.

Which of the Following Accounts Will Have a Zero Balance