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egin by selecting \"Posl hether the account is included on the post-closng DI al

ID: 2332216 • Letter: E

Question

egin by selecting "Posl hether the account is included on the post-closng DI alance will be created. Compare your results with the Trial Balance djusted Included on Post-closing trial balance? Ty Ac Account Cash Accounts receivable Supplies Equipment Accumulated depreciation Equipment Interest payable Salaries payable Unearned member fees Long-term notes payable P. Hawkeye, Capital P Hawkeye, Withdrawals Member fees earned Depreciation expense Equipment Salaries expense Interest expense Supplies expense Totals A Highlight All Match Case Whole Words

Explanation / Answer

Included in Account Post-Closing Trial Bal Cash Included Accounts receivable Included Supplies Included Equipment Included Accumulated derpeciation -Equipment Included interest payable Included salaries payable Included Unearned member fees Included Long term notes payable Included P.Hawkeye,Capital Included P.Hawkeye,Withdrawal not included Member fees earned not included Depreciation expense-Equipment not included Salaires expense not included interest expense not included supplies expense not included total Thus permanent accounts are included and temporary accounts are not as they are closed