Of the following accounts,which might appear in the adjusted trial balance,but not in the post-closing trial balance?
A)Income Summary
B)Owner's Capital
C)Accounts Payable
D)Depreciation Expense

Question

Quizplus · Accepted Answer

Depreciation Expense is a temporary account that is closed at the end of the accounting period, so it appears in the adjusted trial balance but not in the post-closing trial balance.

Of the Following Accounts,which Might Appear in the Adjusted Trial