1. All of the following accounts will have zero balances on a post-closing trial balance except:

Sales Revenue.

Salaries and Wages Expense.

Accumulated Depreciation.

Dividends.

2. After adjusting entries are prepared and posted, but before closing entries are prepared and posted, the balance in Retained Earnings is equal to:

zero.

the amount that was reported on the previous year's balance sheet.

the amount that is to be reported in the current year's balance sheet.

the difference between total assets and total liabilities.