Question and answer
A post-closing trial balance is used to prove the equality of debit and credit balances in the general ledger accounts after the closing entries have been posted. True False
Question
Asked 6/15/2013 12:41:18 AM
Updated 11/28/2016 6:38:10 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by Andrew. [11/28/2016 6:38:09 AM], Confirmed by Andrew. [11/28/2016 6:38:10 AM]
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Original conversation
User: Adjusting entries affect only the owner's equity accounts. True False

User: A post-closing trial balance is used to prove the equality of debit and credit balances in the general ledger accounts after the closing entries have been posted. True False

Weegy: A post-closing trial balance is used to prove the equality of debit and credit balances in the general ledger accounts after the closing entries have been posted. TRUE.
Margre|Points 10|

Question
Asked 6/15/2013 12:41:18 AM
Updated 11/28/2016 6:38:10 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by Andrew. [11/28/2016 6:38:09 AM], Confirmed by Andrew. [11/28/2016 6:38:10 AM]
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3
Adjusting entries affect only the owner's equity accounts. False.
Added 11/28/2016 2:18:23 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/28/2016 6:39:32 AM]
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