Which of the Following Accounts Does NOT Appear on a Post-Closing

question 1

Multiple Choice

Which of the following accounts does NOT appear on a post-closing trial balance?

• A) Prepayments
• B) Wages expense
• C) Accumulated depreciation
• D) Retained profits

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Definitions:

Pretrial Motion

A written or oral request made to a court by a party before the trial begins, seeking a ruling or order on a particular matter.

Motion For Discovery

A legal request made to a court by a party in a lawsuit to obtain information or documents from the opposing party.

Formal Charge

The official accusation made against a person by authorities, initiating legal action.

Criminal Offense

An act or omission punishable by law as forbidden by statute or injurious to the public welfare.