A Post-Closing Trial Balance Could Include All of the Following

question 36

Multiple Choice

A post-closing trial balance could include all of the following except the

• A) owner's capital account.
• B) Cash account.
• C) Fees Income account.
• D) Accounts Receivable account.

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Definitions:

Reject Shipment

The act of refusing to accept delivery of goods or services due to non-conformance with the agreed terms.

Entire Shipment

A term indicating that a contract or sale involves the delivery of all goods in a single consignment, not in parts.

Specifications

Detailed descriptions or guidelines defining requirements, dimensions, materials, or performance criteria for projects, products, or services.

Comply

To act according to an order, set of rules, or request.