View source for Post-closing trial balance

[[Post-closing trial balance]] is the final step in the [[accounting cycle]] that lists only [[permanent account]]s in the [[ledger]] and their balances after [[adjusting journal entry|adjusting]] and [[closing journal entry|closing entri]]es have been posted.


==Definitions==
According to [[College Accounting: A Practical Approach by Slater (13th edition)‎]],
:[[Post-closing trial balance]]. The final step in the [[accounting cycle]] that lists only [[permanent account]]s in the [[ledger]] and their balances after [[adjusting journal entry|adjusting]] and [[closing journal entry|closing entri]]es have been posted.

==Related concepts==
*[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]].

==Related coursework==
*[[Principles of Accounting]]. 

[[Category: Accounting]][[Category: Articles]]