Question: An error is indicated, if the following account(s) has a balance appearing on the post-closing trial balance (PCTB): A) Office Equipment. B) Accumulated Depreciation-Office Equipment.
An error is indicated, if the following account(s) has a balance appearing on the post-closing trial balance ("PCTB"):
A) Office Equipment.
B) Accumulated Depreciation-Office Equipment.
C) Depreciation Expense-Office Equipment.
D) A balance on the PCTB for A, B, or C above would indicate an error.
E) A balance on the PCTB for A, B, or C above would not indicate an error.
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Solution Correct option is C Depreciation ExpenseOffice Equipment Explanation All temporary acc... View full answer
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