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Post closing trial balance is the entire list of accounts and their balances after the closing entries have been journalized and posted to the ledgers. You can also say, ... Voir Plus
In simple words, to record and post all the closing/ adjusting entries in the ledgers.
Post-Closing Trial Balance is done when you close all transaction entire in trial balance.
the last step of accounting cycle and is prepared after making and posting all necessary closing entries to relevant ledger accounts. Since closing entries close all temp ... Voir Plus