Which of the Following Accounts Could Have a Non-Zero Balance

question 59

Multiple Choice

Which of the following accounts could have a non-zero balance on a post-closing trial balance?

• A)Dividends Declared
• B)Premium on Bonds Payable
• C)Income Tax Expense
• D)Interest Expense

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Definitions:

Disequilibrium

Disequilibrium refers to a lack of balance or stability in either a physical, psychological, or economic context, often leading to a change or correction.

Needs

refer to the basic requirements or essentials necessary for an individual's well-being, including physical, emotional, and social aspects.

Drive-Reduction

A theory in psychology that posits that behavior is motivated by the need to reduce internal drives or tensions, such as hunger or thirst.

Internal Physical States

Internal Physical States refer to the physiological conditions or feelings within the body, such as hunger, pain, or fatigue, that can influence emotions and behavior.