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What accounts could appear in adjusting entry closing entry and reversing entry?
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What type of account appear on a post closing trial balance?
The types of accounts that appear on the post-closing trial balance are the permanent accounts; Assets, Liability and Owner's capital. Permanent accounts is also called real accounts.
What Pairs of accounts could not appear in the same adjusting entry?
service revenue and unearned revenue
What classifications of accounts appear on the post-closing trial balance?
Classification of accounts is classifying the accounts and post your balance and yeah! Then eat your shorts to know it
Which account will appear on an after-closing trial balance?
sales
What account does not appear on a post closing trial balance?
sales returns
What type of account appear on a post closing trial balance?
The types of accounts that appear on the post-closing trial balance are the permanent accounts; Assets, Liability and Owner's capital. Permanent accounts is also called real accounts.
What Pairs of accounts could not appear in the same adjusting entry?
service revenue and unearned revenue
What classifications of accounts appear on the post-closing trial balance?
Classification of accounts is classifying the accounts and post your balance and yeah! Then eat your shorts to know it
Will closing your checking and saving accounts to open checking and savings accounts with another bank affect your credit rating?
No credit reports only report debt not assets. Checking and saving account information does not appear on credit reports so will not affect your credit score.
Which account will appear on an after-closing trial balance?
sales
What account does not appear on a post closing trial balance?
sales returns
What statements do accounts payable appear on?
balance sheet
What it will be the result of reversing the spin of the universe?
Matter within the universe has the property of angular momentum, but the universe itself does not appear to spin.
Is closing stock appear in the trail balance?
Yes it should. It is possible that the closing stock would be shown as the opening stock with a change in stock value separately which would give the closing stock.
What is the impact of reversing the polarity of a CT in a 3phase and 4wire metering arrengement?
The net measured power would appear to be negative, or reversed.
What is a liability account?
Liability Accounts record obligations of a business towards its creditors. Examples of liability accounts are Accounts Payable, Interest Payable, Wages Payable. These accounts appear on the balance sheet.
Does closing stock normally appear in the trial balance?
yes,it will come in trial balance
