asked 51.2k views
1 vote
All accounts that you Debit in a

Post Closing Trial Balance are
A. Liabilities
B. Shareholder's Equity
C. No accounts are debited
D. Assets

2 Answers

7 votes

Answer:

D. Assets

Step-by-step explanation:

Here is WHY:


In a Post Closing Trial Balance, the accounts that are debited are assets. Assets are things that a company owns, and when their values increase, they are debited.


Hope it helps!!

answered
User Grantespo
by
8.4k points
3 votes

Answer:D. Assets. I hope this helps you

Step-by-step explanation:

The correct answer is D. Assets. The post-closing trial balance is a list of all the permanent accounts remaining after the closing entries have been made. These accounts include all assets, liabilities, and equity accounts with balances that are not zero. The purpose of the post-closing trial balance is to ensure that the total debits and total credits of these accounts are equal, thereby confirming that they have been properly closed for the accounting period.

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