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Which of the following accounts might appear in the adjusted trial balance but not in the post-closing trial balance?
Charge
A secured claim (similar to a mortgage) registered against real property under the Land Titles System.
Land Titles System
A provincial government-operated system for the registration of interests in land where the government confirms and warrants the particular interests in land.
Registered Mortgage
A type of mortgage whose details are recorded with a governmental or other official registry, confirming the lien on the property.
Clear Title
Ownership of property that is free of liens, disputes, or any legal question as to the ownership of the property, ensuring the owner has the right to sell or transfer the property.
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