Multiple Choice
An error is indicated if the following account has a balance appearing on the post-closing trial balance:
A) Office Equipment.
B) Depreciation expense, Office Equipment.
C) Ted Nash, Capital.
D) Accumulated Depreciation, Office Equipment.
E) Salaries Payable.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Below is the year-end adjusted trial balance
Q15: The Income Summary account is a(n)<br>A)Balance Sheet
Q16: A trial balance prepared after the adjusting
Q18: Journal entries recorded at the end of
Q19: When closing entries are made<br>A)All balance sheet
Q21: Accounts that are used to describe assets,
Q22: A post-closing trial balance shows<br>A)All ledger accounts
Q23: Which of the following statements is incorrect?
Q24: A 10-column spreadsheet used to draft a
Q101: Use the balance sheet you prepared above