Which of the following accounts would appear on the post-closing trial balance?
A)Fees Earned
B)Rent Expense
C)Owner's Capital
D)Income Summary

Name: Which of the following accounts would appear on the post-closing trial balance? A)Fees Earned B)Rent Expense C)Owner's Capital D)Income Summary
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Question

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Only permanent accounts remain on the post-closing trial balance, and Owner's Capital is a permanent account. A, B, and D are all temporary accounts that are closed out at the end of each accounting period.

Which of the Following Accounts Would Appear on the Post-Closing