What types of accounts will appear in the Post Closing Trial Balance?
What types of accounts will appear in the Post Closing Trial Balance? The post-closing trial balance will include only the permanent/real accounts, which are assets, liabilities, and equity. All of the other accounts (temporary/nominal accounts: revenue, expense, dividend) would have been cleared to zero by the closing entries. Which types of accounts will appear in … Continue reading What types of accounts will appear in the Post Closing Trial Balance?
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