What is the purpose of the post-closing trial balance?
Question:
What is the purpose of the post-closing trial balance?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 73% (19 reviews)
The purpose of the postclosing trial balance is to ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Question Posted:
Students also viewed these Accounting questions
-
What is the purpose of the post- closing trial balance? What is the difference between a trial balance and a post- closing trial balance?
-
What is the purpose of closing entries?
-
What is the purpose of closing entries? Why are they recorded in the journal and posted to the ledger?
-
As a preliminary to requesting budget estimates of sales, costs, and expenses for the fiscal year beginning January 1, 2009, the following tentative trial balance as of December 31, 2008, is prepared...
-
Cite and explain one advantage and one disadvantage of the following different transportation modes (a) Air, (b) Rail, (c) Truck, and (d) Ship.
-
(a) Suppose that a particle of mass m is constrained to move in a one-dimensional space between two infinitely high barriers located A apart. Using the uncertainty principle, find an expression for...
-
Consider the air pollution and mortality data given in Problem 3.15 and Table B. 15 . Problem 3.15 McDonald and Ayers [1978] present data from an early study that examined the possible link between...
-
The accountant for a subunit of Anderson Sports Company went on vacation before completing the subunits monthly performance report. This is as far as she got: Requirements 1. Complete the performance...
-
1) Using the information bellow calculate the operating income for 2023. Beginning finished goods, 1/1/2023 $50,000 Ending finished goods, 12/31/2023 $35,000 Beginning work in process, 1/1/2023...
-
Trent Woodmans fifth birthday party was held at Bounce Party, an indoor play area with inflatable play equipment operated by Kera. During the party Trent jumped off the slide and broke his leg. The...
-
What types of accounts are referred to as temporary accounts?
-
What is the natural business year?
-
Carly took a $7,000, three-year loan with an APR of 8.15%. a. What is the monthly payment? b. What is the total amount of the monthly payments? c. What is the finance charge?
-
What is the Cisco TrustSec role in Cisco SD-Access deployment? explain with example and diagram
-
What is the diffusion of Innovation Theory? What is your comment/feedback on this statement. Please add 1 reference. FYI, this is the question of this topic: You are leading a project team to...
-
Introduce and define the term "Organizational Behavior". Provide a brief overview of the structure of the content that follows. Individual Level: Briefly outline the disciplines associated with this...
-
What is a good response to the following post made by a classmate? The Scrum Master works to ensure that the development goes smoothly by removing obstacles to development. They also plan the next...
-
Identify a manager who is highly concerned for production and uses rewards to maintain the loyalty of employees?
-
In complete liquidation of her interest in the Buyers Partnership, Sarah received a cash distribution of $40,000. Her basis in the partnership interest prior to receipt of the liquidating...
-
An auto-parts manufacturer is considering establishing an engineering computing center. This center will be equipped with three engineering workstations each of which would cost $25,000 and have a...
-
Find the probabilities in Problems 712 by referring to the tree diagram below. Start .6 4 M N .8 .2 .3 .7 -A B - B
-
Determine the due date and the amount of interest due at maturity on the following notes dated in2014: Date of Note Interest Rate January 22 March 9 June 15 September 4 October1 Face Amount 55,000...
-
Doe Creek Interior Decorators issued a 120-day, 7% note for $150,000, dated February 18, 2014, to La Fleur Furniture Company on account. a. Determine the due date of the note. b. Determine the...
-
The series of seven transactions recorded in the following T-accounts were related to a sale to a customer on account and the receipt of the amount owed. Briefly describe eachtransaction. CASH NOTES...
-
In which one of the following lists are ALL items relevant to the determination of employment income? Employee RPP contributions; signing bonus on accepting employment; use of an employer - owned...
-
what is the shortest maturity bond issued by pfizer that is outstanding?
-
Manufacturing Company Balance Sheet Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory $89,400 Prepaid insurance 9,000 Accounts receivable...
Study smarter with the SolutionInn App