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Select the statement below that describes a post-closing trial balance.
It is a listing of all temporary accounts and their balances after closing.
It is a financial statement that describes all revenue and expense accounts after closing,
It is a listing of all permanent accounts and their balances immediately after the adjusting
process.
It is a listing of all permanent accounts and their balances after closing.



Answer :

GinnyAnswer

Final answer:

A post-closing trial balance is a listing of permanent accounts and their balances after closing.


Explanation:

Post-closing trial balance is a listing of all permanent accounts and their balances immediately after the closing process. This includes assets, liabilities, and owner's equity accounts that are not closed at the end of the accounting period.


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