the post - closing trial balance occurs after all ______ have been completed for the accounting period…
the post - closing trial balance occurs after all ______ have been completed for the accounting period. closing entries cash equivalents equity shares interest rates
Answer
Brief Explanations:
The Post - Closing Trial Balance is prepared after the closing entries. Closing entries transfer the balances of temporary accounts (like revenues, expenses, and dividends) to the permanent equity account. Cash equivalents are short - term, highly liquid investments. Equity shares represent ownership in a company. Interest rates are the cost of borrowing or return on lending. Only closing entries are relevant to the preparation of the Post - Closing Trial Balance.
Answer:
closing entries