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:

Work Load

The amount of work assigned to or expected from a person within a given time period.

Interaction

A process by which different entities act upon one another or communicate, leading to an exchange of ideas or activities.

Psychosocial Theory

A framework that describes how social environments and psychological aspects of life affect an individual's development and behavior.

Unconscious Forces

Mental processes and drives beneath the conscious awareness that influence thoughts, feelings, and behavior.