The Post Closing Trial Balance for a Company Will Not

question 44

Multiple Choice

The post closing trial balance for a company will not contain an account balance for:

• A) liabilities
• B) revenues
• C) retained earnings
• D) assets

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Definitions:

File

A collection of related pieces of information stored together for easy reference.

Hierarchical Structure

An organizational structure where entities are ranked one above the other according to authority or status.

Directories

Organizational units in a file system that contains files and possibly other directories, used to structure and store computer files systematically.

C:\ Drive

The default primary partition and drive letter assignment for the hard drive in many Windows operating systems.