Your debit amounts always have to equal your credit amounts, which is one of the reasons to prepare a post-closing -- or after-closing -- trial balance. Accounting Cycle. In accounting, ...

The post-closing trial balance is taken to ensure the balance between remaining debit and credit accounts. The post-closing trial balance does not include the closed merchandising accounts of cost ...

Before write-up became a popular application, trial balance software ruled the market.The popular ATB (Accountant’s Trial Balance) is probably one of the best-known accountant-oriented applications ...

The article Which of the Accounts Will Not Appear on a Post-Closing Trial Balance originally appeared on Fool.com. Try any of our Foolish newsletter services free for 30 days.