DEPRECIATION is the correct answer
After the revenue and expense accounts have been closed, it is desirable to prepare an after-closing trial balance consisting solely of balance sheet accounts. The after-closing trial balance, or post-closing trial balance, gives assurance that the accounts of the general ledger are in balance and ready for recording transactions for the new accounting period.
On Thu, Feb 10, 2011 at 4:49 PM, fariha maqbool <farihamqbl4@gmail.com> wrote:
i think bank account
On Thu, Feb 10, 2011 at 5:30 PM, m.shahid m.shahid <m.razashahid143@gmail.com> wrote:
Depreciation account--
On Thu, Feb 10, 2011 at 2:36 AM, fariha maqbool <farihamqbl4@gmail.com> wrote:
required answer with ref--An account that will not be included in "After Closing Trial Balance" is:
Select correct option:
Bank account
Depreciation account
Notes payable account
Unearned revenue account
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FaRi
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muskra k geo
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FaRi
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