Question: A post-closing trial balance includes permanent accounts only. . includes both temporary and permanent accounts. includes temporary accounts only. may include the Income Summary account.

temporary and permanent accounts. includes temporary accounts only. may include the Income

Summary account. Revenue and expenses are reported on the Statement of Financial

A post-closing trial balance includes permanent accounts only. . includes both temporary and permanent accounts. includes temporary accounts only. may include the Income Summary account. Revenue and expenses are reported on the Statement of Financial Position. True False On the Statement of Cash Flows, a loan taken out from a bank would be classified as a financing activity. True False

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