The Purpose of the Post-Closing Trial Balance Is to

Multiple Choice

The purpose of the post-closing trial balance is to

A) prove that no mistakes were made.
B) prove the equality of the statement of financial position account balances that are carried forward into the next accounting period.
C) prove the equality of the income statement account balances that are carried forward into the next accounting period.
D) list all the statement of financial position accounts in alphabetical order for easy reference.