what order should the categories below be placed on a post-closing trial balance?
I. Capital
II. Assets
III. Liabilities
A) III, II, I
B) II, III, I
C) I, II, III
D) III, I, II

Question

Quizplus · Accepted Answer

The correct order for a post-closing trial balance is Assets, Liabilities, and then Capital, reflecting the accounting equation: Assets = Liabilities + Equity (Capital).

What Order Should the Categories Below Be Placed on a Post-Closing