A Trial Balance Prepared After the Closing Entries Have Been

question 130

Multiple Choice

A trial balance prepared after the closing entries have been posted would exclude which one of the following accounts?

• A) Inventory.
• B) Trade receivables.
• C) Accumulated depreciation.
• D) Service revenue.

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Definitions:

California

A state located on the West Coast of the United States, known for its diverse geography, significant economic contributions, and cultural influence.

New Mexico

A state in the southwestern region of the United States, characterized by a diverse landscape that includes deserts, high plains, and mountain ranges.

Constitution of Texas

The legal document that outlines the structure, functions, and principles of the government of the state of Texas in the United States.

Rights to People of Color

The entitlements and freedoms systematically granted to individuals in various societies, specifically relating to non-white populations, aiming at equality and non-discrimination.