A List of the Accounts and Their Balances at the End

question 120

Multiple Choice

A list of the accounts and their balances at the end of the period,after journalizing and posting the closing entries,is called ________.

• A) chart of accounts
• B) adjusted trial balance
• C) post-closing trial balance
• D) pre-closing balance sheet

---

Definitions:

Psychological Contract

The unwritten set of expectations and obligations between employees and employers regarding the nature of their working relationship.

Negotiation Process

The series of actions taken to reach an agreement or solve a problem through discussion between parties.

Ground Rules

Agreed-upon guidelines or principles set by a group to govern individual behavior and group interactions during meetings or collaborative efforts.

Formal Agreement

A legally binding contract or arrangement specified in a formal document between parties.