EX 4-18 Identifying permanent accounts

Which of the following accounts will usually appear in the post-closing trial balance?

a. Accounts Receivable
b. Cash
c. Depreciation Expense
d. Fees Earned
e. Doug Woods, Capital
f. Doug Woods, Drawing


Answers:
a. Accounts Receivable
b. Cash
e. Doug Woods, Capital
g. Equipment
h. Land
i. Salaries Payable
j. Unearned Rent