Final answer:
The account that would not appear on the post-closing trial balance is Prepaid Expenses. The correct option is D.
Step-by-step explanation:
The correct answer is d) Prepaid Expenses. Prepaid Expenses are assets that have been paid for but not yet used or consumed.
They are typically recorded as a current asset on the balance sheet until they are used or consumed.
When preparing the post-closing trial balance, only permanent accounts are included. Permanent accounts include assets, liabilities, and equity accounts that are not closed at the end of the accounting period.
Temporary accounts, such as revenues, expenses, and drawing accounts, are closed at the end of the accounting period and would not appear on the post-closing trial balance.
Retained Earnings, Accumulated Depreciation, and Service Revenue are all permanent accounts that would appear on the post-closing trial balance.The correct option is D.