Which of the following accounts will be included in a post-closing trial balance?
A)Service Revenue
B)Rent Expense
C)Interest Expense
D)Unearned service revenue

Question

Quizplus · Accepted Answer

A post-closing trial balance includes only permanent accounts, which are balance sheet accounts. Unearned service revenue is a liability account and is included in the post-closing trial balance. Revenue and expense accounts are temporary and are closed at the end of the accounting period.

Which of the Following Accounts Will Be Included in a Post-Closing