Which of the Following Accounts Appear on the Post-Closing Trial

question 56

Multiple Choice

Which of the following accounts appear on the post-closing trial balance?

• A) Rent Expense
• B) Sales Revenue
• C) Cash
• D) Dividends
• E) Service Fees

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Definitions:

Investment

The act of allocating resources, usually money, with the expectation of generating an income or profit, encompassing stocks, bonds, real estate, and other assets.

Principal

An amount of money borrowed from a lender.

Equity Funds

Investment funds that primarily invest in stocks with the aim of achieving growth by capital gains and dividends for their investors.

Periodic Repayments

Regular payments made over time to settle a debt or loan, often consisting of both principal and interest components.