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∙ 12y ago
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Are sales on a post closing trial balance?
No, Sales, as a Revenue Account of the Income Statement, is a temporary account, which should not appear on the post-closing trial balance.
What account does not appear on a post closing trial balance?
sales returns
Where does sundry debtor appear in the trial balance?
Where does trustee Fund appear in trial balance
If the accounts payable account balance increase on the trial balance?
account payable increase on trial balance
Which account balance will change between the adjusted trial balance and the post closing trial balance?
The adjusted trial balance includes depreciation and other adjustments. This is the account balance that changes between the adjusted trial balance and the post closing trial balance.
Are sales on a post closing trial balance?
No, Sales, as a Revenue Account of the Income Statement, is a temporary account, which should not appear on the post-closing trial balance.
What account does not appear on a post closing trial balance?
sales returns
Where does sundry debtor appear in the trial balance?
Where does trustee Fund appear in trial balance
If the accounts payable account balance increase on the trial balance?
account payable increase on trial balance
Which account balance will change between the adjusted trial balance and the post closing trial balance?
The adjusted trial balance includes depreciation and other adjustments. This is the account balance that changes between the adjusted trial balance and the post closing trial balance.
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.
Which of the accounts below would appear on an adjusted trial balance but probably would not appear on the trial balance?
Depreciation Expense
If the AP account balance has increased on the trial balance that?
A/P increase on a trial balance means what
Does closing stock normally appear in the trial balance?
yes,it will come in trial balance
Why the trial balance always be in balance?
Trial balance is always balance because of every entry in double entry system is in balance as related to debit account and credit account.
If the AP account balance has increased on the Trial Balance that means.?
A/P increase on a trial balance means what
If the ap account balance has increased on the trial balance means?
A/P increase on a trial balance means what
