Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the purpose of the post - closing trial balance? a . to prove the equality of the debit and credit balances in the
What is the purpose of the postclosing trial balance?
a to prove the equality of the debit and credit balances in the general ledger accounts
b to prove the closing entries were recorded correctly in the journal
c to prove the balances in the general ledger accounts are correct
d to prove no errors were made while recording entries in the journal
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started