Which of the following accounts will appear on the post-closing trial balance?
A) Payroll Tax Expense
B) Sales
C) Capital
D) Depreciation Expense
Correct Answer:
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Q38: Which of the following accounts would be
Q39: Which of the following accounts is not
Q40: The Income Summary account, for Wise Tools
Q41: Which of the following statements is not
Q42: A reversing entry should not be made
Q44: Inventory turnover is calculated by
A)dividing average inventory
Q45: Interest Expense is classified as a(n):
A)Administrative Expense
B)Other
Q46: In the general journal, reversing entries are
Q47: A company reported gross profit of $72,000,
Q48: Which of the following would not be
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