Which of the following are NOT included in a post-closing trial balance?
A) Assets and liabilities
B) Retained Earnings and assets
C) Common Stock and liabilities
D) Revenues and expenses

Question

Quizplus · Accepted Answer

Revenues and expenses are temporary accounts that are closed out at the end of the accounting period, so they would not be included in a post-closing trial balance. The other choices are all permanent accounts that would be included.

Which of the Following Are NOT Included in a Post-Closing