What is the major difference between the post-closing trial balance and the other two trial balances?
a. The unadjusted and adjusted trial balances are optional reports.
b. The unadjusted and adjusted trial balances are not part of the accounting cycle.
c. The post-closing trial balance is prepared to verify the equality of debits and credits.
d. The post-closing trial balance is the only one to include only real accounts.
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is the major difference between the post-closing trial balance and the other two trial balances? a. The unadjusted and adjusted trial ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » What is the major difference between the post-closing trial balance and the other two trial balances? a. The unadjusted and adjusted trial balances are optional reports. b.