What Account Appears on the Post-Closing Trial Balance

question 20

Multiple Choice

What account appears on the post-closing trial balance?

• A) income summary
• B) Machinery
• C) rent expense
• D) interest income

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Definitions:

Reconciles

Reconciles means to restore friendly relations between parties or to make one belief or action compatible with another.

Teen

A person aged between 13 and 19 years, characterized by adolescence, a period of transition from childhood to adulthood.

Sexual Debut

The age or occasion at which an individual first engages in sexual intercourse.

Sexual Intercourse

The act of physical union between individuals typically involving sexual organs, often associated with reproduction but can also occur for pleasure.