Multiple Choice
Which one of the following can have a non-zero balance on a post-closing trial balance?
A) Dividends declared
B) Premium on bonds payable
C) Income tax expense
D) None of the answers are acceptable.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q15: You are considering buying a bond from
Q16: In addition to wages payable,companies can also
Q17: If a company's gross salaries are $12,000,and
Q18: If loan covenants on long-term debt are
Q19: The times interest earned ratio shows the
Q21: A company issued $400,000,10-year,10 percent bonds at
Q22: When the amount of a contingent liability
Q23: Discount on bonds is a contra liability
Q24: As a result of a drop in
Q99: Which of the following is not used