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The purpose of the post-closing trial balance is to: prove the equality of the temporary account balances that are carried forward into the next accounting
The purpose of the post-closing trial balance is to:
prove the equality of the temporary account balances that are carried forward into the next accounting period.
prove that no mistakes were made.
list all the balance sheet accounts in alphabetical order for easy reference.
prove the equality of the permanent account balances that are carried forward into the next accounting period.
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