a . What is the purpose of the post-closing trial balance? b . Why does the post-closing

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a. What is the purpose of the post-closing trial balance?

b. Why does the post-closing trial balance have balances of only permanent accounts?

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Glencoe Accounting First Year Course

ISBN: 9780078688294

1st Edition

Authors: Andrée Vary

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Question Posted: Jun 10, 2022 12:09 AM

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a . What is the purpose of the post-closing trial balance? b . Why does the post-closing

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The purpose of the postclosing trial balance is to ensure the total of all debits and credits equal ...View the full answer

Glencoe Accounting First Year Course

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