Which of the Following Accounts Would Be Included in a Post-Closing

question 81

Multiple Choice

Which of the following accounts would be included in a post-closing trial balance?

• A)Accounts Receivable.
• B)Dividends.
• C)Consulting Fees Earned.
• D)Depreciation Expense−Equipment.
• E)Salaries Expense.

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Definitions:

Stability

The condition where an economy or a financial system operates without excessive fluctuations or crises.

High Prices

Situations where the cost of goods and services are above average or expected levels.

Fed

The Fed, short for Federal Reserve System, is the central banking system of the United States, responsible for monetary policy, including regulating banks and managing the country's money supply.

Member Bank Reserves

The portion of deposits that banks must hold in reserve, either as physical cash or as deposits with the central bank, to ensure liquidity.