MC22 What is the purpose of the post-closing trial balance?
A. To ensure that the total debits equal the total credits
B. To ensure that all transactions have been recorded
C. To ensure that the accounts have been properly closed
D. To identify errors in the accounting records
Answer:C
MC22 What is the purpose of the post-closing trial balance?
A. To ensure that the total debits equal the total credits B. To ensure that all transactions have been recorded C. To ensure that the accounts have been properly closed D. To identify errors in the accounting records