What is a post-closing trial balance? Is it a useful part of the accounting information processing cycle?

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What is a post-closing trial balance? Is it a useful part of the accounting information processing cycle? Explain.

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Financial Accounting

ISBN: 978-0078111020

7th Edition

Authors: LibbyShort

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Question Posted: Dec 12, 2011 06:57 AM

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What is a post-closing trial balance? Is it a useful part of the accounting information processing cycle?

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A postclosing trial balance is a listing taken from the ledger after the adjusting ...View the full answer

Financial Accounting

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