Question

Which of the following accounts will NOT appear on the post-closing trial balance?

a.Fees Earned
b.Cash
c.Accounts Receivable
d.Accounts Payable

Answer 1

The account that will NOT appear on the post-closing trial balance is Accounts Payable.

Step-by-step explanation:

The account that will NOT appear on the post-closing trial balance is d.Accounts Payable.

A post-closing trial balance is prepared after all closing entries have been made in the accounting records. Its purpose is to ensure that all permanent accounts have accurate balances before the start of the next accounting period. Accounts Payable is a temporary account that is closed at the end of the accounting period and therefore will not appear on the post-closing trial balance.