Which of the following accounts will usually appear in the post-closing trial balance? a. Accounts Payable b.
Question:
Which of the following accounts will usually appear in the post-closing trial balance?
a. Accounts Payable
b. Accumulated Depreciation
c. Capital Stock
d. Cash
e. Dividends
f. Depreciation Expense
g. Fees Earned
h. Office Equipment
i. Salaries Expense
j. Salaries Payable
k. Supplies
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (7 reviews)
a Accounts Payable b Acc...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Question Posted:
Students also viewed these Accounting questions
-
Closing entries Required Which of the following accounts are closed at the end of the accounting period? a. Dividends b. Retained Earnings c. Utilities Expense d. Salaries Payable e. Salaries Expense...
-
Which of the following accounts would most likely vary directly with the level of firm's sales? Discuss eachbriefly Ys No Cash Marketable Sec. Acct. Payable _Notes payable Plant and Equip Inventories
-
Which of the following accounts would be assigned a higher level of risk: Building or Merchandising Inventory?
-
develop a trial balance, complete with an appropriate three-line heading 1. Bought office equipment from Peckoff Equipment Co. on 30-day credit terms, $1,390. Purchase Invoice #2071. Ledger Entries:...
-
Udala Uke's had the following transactions involving notes payable. July 1, 2017 Borrows $50,000 from First National Bank by signing a nine-month, 8% note. Nov. 1, 2017 Borrows $60,000 from...
-
For some genetic mutations, it is thought that the frequency of the mutant gene in men increases linearly with age. If m 1 is the frequency at age t 1 , and m 2 is the frequency at age t 2 , then the...
-
The channel in Fig. P10.48 has two floodplains as shown. Find the discharge if the center channel is lined with brick and the two floodplains are lined with cobblestones. The slope \(S_{0}\) is...
-
Midwest Electric Company (MEC) uses only debt and common equity. It can borrow unlimited amounts at an interest rate of rd = 10% as long as it finances at its target capital structure, which calls...
-
Based on the following memo, could you help me identify the key facts? Then could you help me with the assignment described at the end? TO: Associate FROM: I.M. Shirley Wright, Partner DATE: October...
-
Ellipses Corp. is a small business that operates in Herndon, VA. The company is located at 10 Period Lane, Herndon, VA 20170. Its federal Employer Identification Number in 77-7777777, and its...
-
Imex Services Co, offers its services to individuals desiring to improve their personal images. After the accounts have been adjusted or March 31, the end of the fiscal year, the following balances...
-
An accountant prepared the following post-closing trial balance. Prepare a corrected post-closing trial balance, Assume that all accounts have normal balance and that the amounts shown arecorrect....
-
Was the service of WestJet JIT/lean?
-
The charge on one plate of a capacitor is + 60 nC and the charge on the other plate is - 60 nC. If the potential difference between the plates is 350 Volts, what is the capacitance of the capacitor?...
-
A person borrows $4000 at (4) = 6%. He promises to pay $1000 at the end of one year, $2000 at the end of 2 years, and the balance at the end of 3 years. What will the final payment be?
-
The strike price of an American call option on a stock is 29. The stock currently sells for 30 and in one year will be worth either 33 or 27. (a) Calculate the value of the call option with a...
-
Rudolf Supplies is a seasonal gift business that makes most of its sales between October and December. The company approaches you in June to discuss financing for the purchase of inventory and...
-
A horizontal 745 N merry-go-round of radius 1.76 m is started from rest by a constant horizontal force of 65.2 N applied tangentially to the merry-go-round. Find the kinetic energy of the merry-go-...
-
Indicate whether each of the following statements is true or false by writing T or F in t he a nswer c olumn. The Securities and Exchange Commission requires that prospective investors review all of...
-
QUESTION 2 The CEO of Farisha Hijab Sdn Bhd insisted on further investigation to be carried out that he also required Mr Muaz to conduct the analysis of variance for the material and labour of the...
-
Sampling is the bread and butter of a significant portion of audit work. As a team (or as a class), list several of the most common audit techniques as well as fraud investigation methods. For...
-
On the first day of its fiscal year, Simon Company issued $25,000,000 of 10-year, 10% bonds to finance its operations of producing and selling video equipment. Interest is payable semiannually. The...
-
Gary Miller Corporation wholesales bike parts to bicycle manufacturers. On March 1, 2010, Gary Miller Corporation issued $8,000,000 of five-year, 14% bonds at an effective interest rate of 12%,...
-
Motocar Co. produces and sells automobile parts. On the first day of its fiscal year, Motocar Co. issued $15,000,000 of five-year, 15% bonds at an effective interest rate of 13%, with interest...
-
Estimate the final temperature in Celsius of the combination if I drop 5 rolls of pennies at 2 0 C ( each roll is 5 0 pennies stacked together; assume they are pure copper ) into a cup of recently -...
-
A 100 gram mass is hung of then end of a cantilever beam . The beam is made of brass, and is 30 cm long (), 2 cm wide, and 3 mm thick. Find the resulting deflection ()
-
The nitrogen-vacancy (NV) and silicon-vacancy (SiV) defects in diamond can lead to many exciting quantum nanotechnologies in physical and biological sciences, including single-photon sensors,...
Study smarter with the SolutionInn App