Investments are in listed companies and are sated at market valuation at each balance date of 31/01. The increases in fair value are held in Reained earnings. trial balance accounts are: Investments long term=2010 23100 2009= 20300 Fair value gain on long term investment $2800 in 2010 and 0 in...

When closing year end books what accounts should have a zero balance when closing?

Which of the following accounts would not appear in the post-closing trial balance? Interest Payable; Equipment; Depreciation Expense; Dividends, Unearned Revenue; Accumulated Depreciation—Equipment; and Service Revenue.

In a post closing trial balance do you include the current liabilities or only the long term liability?

Hello - this is my first time out here... I have an accounting question on income summary... I just can't get the debit side of it, I will try to send it along and if anyone can help me find my missing blanks... I have most of it done, just cant't get the income summary right, I hope it goes...