Which of the following accounts would not be included in a post-closing trial balance? a. Cash b.
Question:
Which of the following accounts would not be included in a post-closing trial balance?
a. Cash
b. Fees Earned
c. Accumulated Depreciation
d. Retained Earnings
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
b Since the postclosing trial balance includes only balance sheet account...View the full answer
Answered By
Rohith Bellamkonda
I am studying in IIT Indore,the most prestigious institute of India.I love solving maths and enjoy coding
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Financial And Managerial Accounting
ISBN: 9781337902663
15th Edition
Authors: Carl S. Warren, Jefferson P. Jones, William B. Tayler
Question Posted:
Students also viewed these Business questions
-
Multiple Choice Questions 1. Which of the following accounts would not be included in the closing entries? a. Depreciation Expense b. Accumulated Depreciation c. Retained Earnings d. Service Revenue...
-
(Multiple Choice) 1. The Unearned Revenue account of Lorelai Incorporated began 2012 with a normal balance of $5,000 and ended 2012 with a normal balance of $15,000. During 2012, the Unearned Revenue...
-
Using the data in BE4.15 , identify the accounts that would be included in a post closing trial balance. Data from BE 4. 15 The following selected accounts appear in the adjusted trial balance for...
-
Given a sorted array of Comparable items, write functions floor () and ceiling () that return the index of the largest (or smallest) item not larger (or smaller) than an argument item in logarithmic...
-
R-134a is throttled in a line flowing at 25oC, 750 kPa with negligible kinetic energy to a pressure of 165 kPa. Find the exit temperature and the ratio of exit pipe diameter to that of the inlet pipe...
-
Most companies become sensitized to community issues after they've done enough damage to draw the locals' anger. Dofasco, Inc., a highly successful steel company in Ontario, tries to get ahead of...
-
How does use of a separate payroll checking account improve control?
-
The ledger of Jin Ding and Paul Hoffman, attorneys-at-law, contains the following accounts and balances after adjustments have been recorded on December 31, 2012: The balance in Hoffman's capital...
-
The Chicago Transit Authority thinks that excessive speed on its buses increases maintenance cost. It believes that a reasonable median time from OHare Airport to John Hancock Center is about 30...
-
After the accounts have been adjusted at December 31, the end of the year, the following balances are taken from the ledger of Wyatt Services Co.: Retained Earnings Dividends Fees Earned Wages...
-
The balance in the unearned fees account, before adjustment at the end of the year, is $18,000. Journalize the adjusting entry required if the amount of unearned fees at the end of the year is $3,600.
-
Krispy Kremes internal investigation revealed each of the following accounting errors except: (a) The misallocation of compensation expenses to franchise reacquisition costs. (b) The creation of...
-
The grain-size distribution of two soils is provided below. The liquid and plastic limits of No. 40 sieve fraction of the soil are as follows: Soil A: Liquid Limit = 30, Plastic Limit = 22 Soil B:...
-
Milo receives a commission of 2% on all sales. If his commission on a sale was $31.00 , find the cost of the item he sold.
-
How does International Benefits work? what issues need further research with international benefits? example of a international company benefit.
-
Lillibridge & Friends, Incorporated provides you with the following data for its single product: Sales price per unit Fixed costs (per quarter): Selling, general, and administrative (SG&A)...
-
How many minutes would you have to walk in November so that your mean for the 11 months would be 2 percentage points more than your mean for the 10 months? 178 + 182 + 188 +198 + 205 +219 +230 + 245...
-
Suppose you won $15 on a lotto ticket at the local 7-Eleven and decided to spend all the winnings on candy bars and bags of peanuts. The price of candy bars is $.75 and the price of peanuts is $1.50....
-
What mass of KBr (in grams) should you use to make 350.0 mL of a 1.30 M KBr solution?
-
A bank manager of City savings bank Inc. uses the managerial accounting system to track the costs of operating the various departments with in the bank. The departments include Cash Management,...
-
A bank manager of City savings bank Inc. uses the managerial accounting system to track the costs of operating the various departments with in the bank. The departments include Cash Management,...
-
Dominos Pizza LL.C, operates pizza delivered and carry-out restaurants. The annual report describes its business as follows: We offer a focused menu of bigb-quality, value-priced pizza with three...
-
Underwood Corporation reports taxable income of $700,000 on its tax return. Given the following information from the corporation's records, determine Underwood Corporation's net income per books....
-
content area top Part 1 The data on the right represent the number of live multiple-delivery births (three or more babies) in a particular year for women 15 to 54 years old. Use the data to complete...
-
Today, you borrowed $5,400 on a credit card that charges an interest rate of 13.1 percent, compounded monthly. How long will it take you to pay off this debt assuming that you do not charge anything...
Study smarter with the SolutionInn App