All of the following statements about the post-closing trial balance are correct except it provides evidence that
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provides evidence that the journalizing and posting of closing entries have been properly completed.
contains only permanent accounts.
proves that all transactions have beeN recorded
Shows that the accounting equation is in balance
Related Book For
Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
Posted Date: