menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Principles
  4. Exam
    Exam 4: Completing the Accounting Cycle
  5. Question
    The Post-Closing Trial Balance Will Contain Only Owner's Equity Statement
Solved

The Post-Closing Trial Balance Will Contain Only Owner's Equity Statement

Question 165

Question 165

True/False

The post-closing trial balance will contain only owner's equity statement accounts and balance sheet accounts.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q160: Income Summary has a credit balance of

Q161: The following information is for Central

Q162: The income statement for the year

Q163: Prepare the necessary correcting entry for each

Q164: A worksheet is a multiple column form

Q166: Prepare the necessary closing entries based

Q167: Selected worksheet data for Mannie Company are

Q168: The following information is available for

Q169: The operating cycle of a company is

Q170: An incorrect debit to Accounts Receivable instead

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines