Identify which of the following accounts would be included in a post-closing trial balance. _________ a. Accounts

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Identify which of the following accounts would be included in a post-closing trial balance.
_________ a. Accounts Receivable
_________ b. Salaries Expense
_________ c. Goodwill
_________ d. Land
_________ e. Income Tax Expense
_________ f. Salaries Payable
Goodwill
Goodwill is an important concept and terminology in accounting which means good reputation. The word goodwill is used at various places in accounting but it is recognized only at the time of a business combination. There are generally two types of...
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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