Which of the following accounts would not appear on the post-closing trial balance? Select one: O...

Question

Question

business accounting

Answer 1

Answer #1

Answer: D. Rent Expense Working Notes: Expense accounts and Revenue accounts are appeared before pre closing of trial balance

Answer 2

Similar Homework Help Questions

Identifying Permanent Accounts Which of the following accounts will usually appear in the post-closing trial balance?

Identifying Permanent Accounts Which of the following accounts will usually appear in the post-closing trial balance? a. Accounts Receivable b. Cash c. Depreciation Expense d. Fees Earned e. Doug Woods, Capital f. Doug Woods, Drawing g. Equipment h. Land i. Salaries Payable j. Unearned Rent k. Wages Expense
Please help Which of the following accounts would show a balance in a post-closing trial balance?...

Please help Which of the following accounts would show a balance in a post-closing trial balance? Select one: O a. Dividends b. Rent Expense C. Sales Revenue d. Accumulated Depreciation e. None of the above X A major purpose of closing entries is to: Select one: o a. zero out the Retained Earnings account b. adjust the asset accounts to their current balances c. transfer the net income and dividends of the period to Retained Earnings d. close out the...
Identify which of the following accounts would be included in a post-closing trial balance. Included in post-closing trial balance?

Identify which of the following accounts would be included in a post-closing trial balance. Included in post-closing trial balance? a. Cash b. Haircutting Revenue Furniture d. Goodwill e Taxes Expense Factory f.

Which of the following accounts would not appear in a closing entry? Select one: A. Net...

Which of the following accounts would not appear in a closing entry? Select one: A. Net income B. Depreciation expense C. Cost of goods sold D. Inventory E. Both A and D Which of the following accounts would not appear in a closing entry? Select one: A. Net income B. Depreciation expense C. Cost of goods sold D. Inventory E. Both A and D
Which of the following accounts will appear on the post-closing trial balance? Multiple Choice The owner's...

Which of the following accounts will appear on the post-closing trial balance? Multiple Choice The owner's drawing account Fees Income The owner's capital account Rent Expense
1. Which of these accounts is included in the post-closing trial balance? a. Accounts Payable b. Supplies Expense c. Sal...

1. Which of these accounts is included in the post-closing trial balance? a. Accounts Payable b. Supplies Expense c. Sales Revenue d. Insurance Expense 2. On which of the following would the year-end Retained Earnings balance be stated correctly? a. Post-Closing Trial Balance b. Unadjusted Trial Balance c. Adjusted Trial Balance d. The Worksheet 3. Which of these accounts is never closed? a. Prepaid Rent b. Income Summary c. Rent Revenue d. Rent Expense 4. Which of these accounts is...

Identify the accounts that would be included in a post-closing trial balance.

The following selected accounts appear in the adjusted trial balance for Deane Company. Identify the accounts that would be included in a post-closing trial balance.(a) Accumulated Depreciation.(b) Depreciation Expense.(c) Retained Earnings (ending).(d) Dividends.(e) Service Revenue.(f) Supplies.(g) Accounts Payable.
Which types of accounts will appear in the post-closing trial balance? Permanent accounts. O Temporary accounts....

Which types of accounts will appear in the post-closing trial balance? Permanent accounts. O Temporary accounts. O Accounts shown in the income statement columns of a work sheet. O None of these.
Post-Closing Trial Balance An accountant prepared the following post-closing trial balance: Security Services Co. Post-Closing Trial...

Post-Closing Trial Balance An accountant prepared the following post-closing trial balance: Security Services Co. Post-Closing Trial Balance July 31, 20Y0 Debit Balances Credit Balances Cash 10,400 Accounts Receivable 23,090 Supplies 1,460 Equipment 102,860 Accumulated Depreciation—Equipment 34,320 Accounts Payable 12,480 Salaries Payable 1,140 Unearned Rent 4,680 Common Stock 13,500 Retained Earnings 71,690 170,160 105,460 Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct. If an amount box does not require...

Identity which of the following accounts would have balances in a post-closing trial balance.

Identity which of the following accounts would have balances in a post-closing trial balance. Service Revenue Notes Payable Interest Expense Income Summary Cash