The post-closing trial balance will include
A) Accumulated Depreciation.
B) Depreciation Expense.
C) Drawing.
D) Rent Expense.
E) Income from Services.

Question

Quizplus · Accepted Answer

The post-closing trial balance includes all balance sheet accounts with balances after closing entries have been made. Accumulated Depreciation is a balance sheet account that accumulates depreciation of an asset over time and is not closed at the end of the accounting period.

The Post-Closing Trial Balance Will Include