Which of the following accounts would appear on an adjusted trial balance but probably would not appear on a trial balance?
A)Supplies Expense
B)Accounts Payable
C)Service Revenue
D)Cash

Question

Quizplus · Accepted Answer

Accounts such as Supplies Expense are temporary accounts that are closed out at the end of the accounting period, which means their balances are transferred to permanent accounts via the adjusting process. Therefore, they would appear on an adjusted trial balance, but not on a regular trial balance. Accounts like Accounts Payable, Service Revenue, and Cash are permanent accounts that would appear on both trial balances.

Which of the Following Accounts Would Appear on an Adjusted