Multiple Choice
A trial balance prepared after the closing entries have been posted would show a zero balance in which one of the following accounts?
A) Supplies.
B) Accounts receivable.
C) Accumulated depreciation.
D) Income tax expense.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q18: Air Cargo Company recorded the following adjusting
Q21: Which of the following accounts would most
Q22: The CHS Company paid $30,000 cash to
Q24: Center Company is completing the accounting cycle
Q25: On September 1, 2016, Fast Track, Inc.
Q26: On November 1, 2016, Bruce Company leased
Q27: Which of the following correctly describes the
Q36: Determine the effect of the following errors
Q60: Which of the following statements is correct?<br>A)Balance
Q122: At the time of the initial cash