Question

In: Accounting

Of the following accounts, which might appear in the adjusted trial balance, but not in the...

Of the following accounts, which might appear in the adjusted trial balance, but not in the post-closing trial balance? A. Income Summary B. Owners capital C. Accounts payable D. Depreciation expense

Solutions

Expert Solution

D. Depreciation expense

Depreciation expense might appear in the adjusted trial balance, but not in the post-closing trial balance.

A post-closing trial balance is prepared after closing entries are made and posted to the ledger.


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