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Question:  Trial Balance

Answer: what type of account appear on a post closing trial balance?
a) income statement accounts
b) balance sheet accounts
c) cash flow accounts
d) temporary owner's equity accounts


July 07, 2008 14:07:40 #4
 bandari.r   Member Since: July 2008    Total Comments: 1 

RE: Trial Balance
 
Income/Expense statement sheet Net Profit as the balancing item and this will be taken as Net Profit in Balance Sheet
     

 

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