Post-closing trial balance
An accountant prepared the following post-closing trial balance:
Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown are correct.
Post-closing trial balance
Post-Closing Trial Balance: After passing all the journal entries and the closing entries of the permanent accounts and then further posting them to each of the respective accounts, a post-closing trial balance is prepared which consists of a list of all the permanent accounts. A post-closing trial balance serves as an evidence to prove that the balance of the permanent accounts is equal.
To Prepare: A correct post-closing trial balance.
According to post-closing trial balance, the temporary accounts like, revenues, expenses closed. Then those accounts are transferred to permanent account to prepare the post-closing trial balance.
Following are the types of accounts are listed on the post-closing trial balance...
Intermediate Accounting: Reporting And Analysis
Financial Accounting
Financial & Managerial Accounting
Financial Accounting
Accounting Information Systems
College Accounting, Chapters 1-27
College Accounting (Book Only): A Career Approach
Managerial Accounting: The Cornerstone of Business Decision-Making
Financial And Managerial Accounting
Financial & Managerial Accounting
Corporate Financial Accounting
Foundations of Business (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
Accounting Information Systems
Brief Principles of Macroeconomics (MindTap Course List)
Essentials of Business Communication (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Exploring Economics
Statistics for Business & Economics, Revised (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
Contemporary Marketing
Essentials of Economics (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
MKTG 12:STUDENT ED.-TEXT
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Principles of Economics (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
Management, Loose-Leaf Version
College Accounting (Book Only): A Career Approach
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Pkg Acc Infor Systems MS VISIO CD
Fundamentals of Financial Management (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Survey of Accounting (Accounting I)
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Corporate Financial Accounting
Economics (MindTap Course List)
Purchasing and Supply Chain Management
Economics For Today
Cornerstones of Cost Management (Cornerstones Series)
Practical Management Science