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MAXImum [283]
2 years ago
6

he post-closing trial balance differs from the adjusted trial balance in that it does not a.include income statement accounts b.

take into account closing entries c.take into account adjusting entries d.include balance sheet accounts
Business
1 answer:
marshall27 [118]2 years ago
8 0

Trial balance is a statement of all debits and credits in a double-entry account book is does not include income statement accounts.

What is trial balance?

An accounting worksheet where the balance of all general ledger accounts for debit and credit is equal is referred to as a "trial balance" in a financial report.

Because they are entries of the statements of operation expenses and revenue, trial balances are included in account closure entries and account adjusting entries but not in balance sheet accounts or income statement accounts.

As a result, option a is correct does not included income statement account.

Learn more about on trial balance, here:

brainly.com/question/15059786

#SPJ1

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Your latest shipment of chicken has some items with usda stickers and some items with usda grade stamps. what is the difference
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You are offered a chance to buy an asset for $5,250 that is expected to produce cash flows of $750 at the end of Year 1, $1,000
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The rate of return I would earn if you bought the asset is 16.91.

<h3>What is the internal rate of return?</h3>

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested. It is a capital budgeting method.

IRR can be calculated with a financial calculator

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To learn more about the internal rate of return, please check: brainly.com/question/24172627

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