The Post-Closing Trial Balance Lists the Accounts from the General

question 138

Multiple Choice

The post-closing trial balance lists the accounts from the general ledger in:

• A) alphabetical order.
• B) category order, beginning with assets and ending with expenses.
• C) numerical order.
• D) category order, beginning with assets and ending with owner's equity.

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Definitions:

Alternative Dispute Resolution

A range of processes, like mediation or arbitration, used to resolve disputes without resorting to traditional litigation in court.

Courts

Judicial institutions established to adjudicate disputes, interpret laws, and administer justice.

Contagious Disease

An infectious disease that can be transmitted from person to person through direct contact or through the air.

Privative Clause

A clause in legislation that limits the ability to appeal administrative decisions to the courts, aiming to give finality to those decisions.