The Major Purpose of a Post-Closing Trial Balance Is To

question 61

Multiple Choice

The major purpose of a post-closing trial balance is to:

• A) prepare the accounting reports.
• B) confirm that the ledger is in balance at the start of the new accounting period.
• C) determine if any closing entries have been missed.
• D) determine if any adjusting entries have been missed.

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Definitions:

Meiosis

A type of cell division that reduces the chromosome number by half, resulting in the production of four genetically distinct haploid gametes.

Meiosis

Meiosis is a type of cell division that reduces the chromosome number by half, resulting in four daughter cells, each with a unique set of chromosomes; it is essential for sexual reproduction.

Zygote

The initial cell formed when a sperm cell fertilizes an egg cell, representing the earliest stage of development in many organisms.

Chromosome Number

The total number of chromosomes present in the cell of an organism, which is characteristic of each species.