Which of the Following Accounts Showing a Balance on the Post-Closing

question 76

Multiple Choice

Which of the following accounts showing a balance on the post-closing trial balance indicate an error?

• A)Land.
• B)Dividends.
• C)Accounts Payable.
• D)Unearned Revenue.
• E)Prepaid Insurance.

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Definitions:

Canada

A country in North America known for its vast landscapes, multicultural society, and as a member of the Commonwealth with a parliamentary democracy.

Illness

A condition that negatively affects a person's physical or mental health, often characterized by specific signs and symptoms.

Mortality

The state of being subject to death; often used in statistics to refer to the rate of death in a population.

Income

Money received, especially on a regular basis, for work or through investments.