After All Closing Entries Are Made and Posted, the Balance

Multiple Choice

After all closing entries are made and posted, the balance in the owners' capital account in the ledger will be equal to

A) Profit or loss for the year
B) The balance of owners' capital on the post-closing trial balance
C) Zero
D) The beginning balance in owners' capital in the statement of changes in equity
E) The balance of owners' capital on the pre-closing trial balance