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ABT Corporation Uses Block Coding for Its Chart of Accounts

Question 25

Multiple Choice

ABT Corporation uses block coding for its chart of accounts, which includes Cash (101) , Land (201) , Accounts payable (301) and Retained Earnings (501) .Which of the following account numbers is most likely associated with an account that will appear on the adjusted trial balance but not on the post-closing trial balance?


A) 203
B) 405
C) 504
D) 701

Correct Answer:

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