The balances of all the real (permanent)accounts are the same on the adjusted trial balance as they are on a post-closing trial balance.

Question

Quizplus · Accepted Answer

The adjusted trial balance includes all the account balances after adjustments have been made, while the post-closing trial balance includes only the balances of real (permanent) accounts after temporary accounts have been closed to the capital account, thus they can differ.

The Balances of All the Real (Permanent)accounts Are the Same