Which of the following accounts showing a balance on the post-closing trial balance indicate an error?
A)Office Equipment.
B)Accumulated Depreciation-Office Equipment.
C)Depreciation Expense-Office Equipment.
D)Retained Earnings.
E)Salaries Payable.

Question

Quizplus · Accepted Answer

Depreciation Expense-Office Equipment should not appear on the post-closing trial balance as it is a temporary account that should have been closed to Retained Earnings.

Which of the Following Accounts Showing a Balance on the Post-Closing