This topic contains a solution. Click here to go to the answer

Author Question: What is the first account that should be listed in the post-closing trial balance? a. Income ... (Read 59 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
What is the first account that should be listed in the post-closing trial balance?
 a. Income Summary
  b. Owner, Capital
  c. Cash
  d. Fees Earned

Question 2

The operating budget process generally concludes with the preparation of the ________.
 
  A) production budget
  B) cash flow statement
  C) research and development budget
  D) budgeted income statement



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jbrasil

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

c

Answer to Question 2

Answer: D




audragclark

  • Member
  • Posts: 579
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it


xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

For a complete list of videos, visit our video library