What is the purpose of a post-closing trial balance? Which of the following accounts should not appear
Question:
What is the purpose of a post-closing trial balance? Which of the following accounts should not appear in the post-closing trial balance: Cash; Unearned Revenue; Prepaid Rent; Depreciation Expense; Utilities Payable; Supplies Expense; and Retained Earnings?
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A postclosing trial balance ensures that an equality of debits and credits has been ...View the full answer
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Related Book For 
Financial Accounting
ISBN: 9781618533111
6th Edition
Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman
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