Which One of the Following Can Have a Non-Zero Balance

question 20

Multiple Choice

Which one of the following can have a non-zero balance on a post-closing trial balance?

• A)Dividends declared
• B)Premium on bonds payable
• C)Income tax expense
• D)None of the answers are acceptable.

---

Definitions:

National Defense

Public goods provided by the government to protect its citizens and territory from external threats.

School Attendance

The act of being present at school and participating in educational activities, often tracked as an indicator of student engagement and educational access.

Mosquito Control

The management and reduction of mosquito populations to minimize their damage to human health, economies, and enjoyment.

Marginal Cost

The financial impact of producing one additional unit of a product or service.