menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 31
  4. Exam
    Exam 4: Completing the Accounting Cycle
  5. Question
    The Post-Closing Trial Balance Will Contain Only Retained Earnings Statement
Solved

The Post-Closing Trial Balance Will Contain Only Retained Earnings Statement

Question 13

Question 13

True/False

The post-closing trial balance will contain only retained earnings 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

Q8: IFRS requires the use of<br>A)the term balance

Q9: A worksheet is a mandatory form that

Q10: A lawyer collected $710 of legal fees

Q11: Correcting entries<br>A)always affect at least one balance

Q12: When constructing a worksheet, accounts are often

Q14: A post-closing trial balance should be prepared<br>A)before

Q15: Closing entries are unnecessary if the business

Q16: The most important information needed to determine

Q17: The following information is for Sunny Day

Q18: The following information is for Bright Eyes

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