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14 January, 13:34

Which of the following accounts may appear on a post-closing trial balance? Question 8 options: A. Cash, Salary payable, and Retained earnings B. Cash, Salary payable, and Service revenue C. Cash, Service revenue, and Salary expense D. Cash, Salary payable, and Salary expe

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  1. 14 January, 14:23
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    A. Cash, Salary payable, and Retained earnings

    Explanation:

    The post-closing trial balance is prepared after recording the closing entries with respect to all revenues earned, all expenses incurred, and the cash dividend.

    It should be always matched and equal that means the total of the debit column and the total of credit column is equaled and zero.

    So, the most appropriate option is A.
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Home » Business » Which of the following accounts may appear on a post-closing trial balance? Question 8 options: A. Cash, Salary payable, and Retained earnings B. Cash, Salary payable, and Service revenue C. Cash, Service revenue, and Salary expense D.
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