What accounts appear on the postclosing trial balance? a. Asset, liability, and the owners capital accounts b.
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What accounts appear on the postclosing trial balance?
a. Asset, liability, and the owner’s capital accounts
b. Asset, liability, and the owner’s drawing accounts
c. Asset, liability, and revenue and expense accounts
d. Asset, liability, revenue and expense, and the owner’s drawing accounts
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The answer is c Asset liability and revenue and expense accounts The postclosing trial balance is a ...View the full answer
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Related Book For
College Accounting A Contemporary Approach
ISBN: 9781260780352
5th Edition
Authors: David Haddock, John Price, Michael Farina
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