The purpose of the post-closing trial balance is ____________
a. to verify that the end-of-period spreadsheet is in balance.
b. to verify that the ledger is in balance at the beginning of the next period.
c. to verify that the financial statements are prepared.
d. All of these choices are correct.

A post-closing trial balance is a listing of all balance sheet accounts containing non-zero balances at the end of a reporting period. The post-closing trial balance is used to verify that the total of all debit balances equals the total of all credit balances, which should net to zero.

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The purpose of the post-closing trial balance is ____________ a. to verify that the end-of-period spreadsheet is in balance. b. to verify that the ledger is in balance at the beginning of the next period. c. to verify that the financial statements are prepared. d. All of these choices are correct.

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The purpose of the post-closing trial balance is ____________
a. to verify that the end-of-period spreadsheet is in balance.
b. to verify that the ledger is in balance at the beginning of the next period.
c. to verify that the financial statements are prepared.
d. All of these choices are correct.