The purpose of the post-closing trial balances is to prove the equality of the Statement 1. The post-closing trial balance only contains Statement of Financial Position account balances. 2. The purpose of the post-closing trial balances is to prove the equality of the Statement of Financial Position. 3. The order of the accounts in the post-closing trial balance is the same order as the accounts appearing in the Statement of Financial Position. 4. The preparation of a Statement of Financial Position is a required step in the accounting cycle. 5. Step number 6 in the accounting cycle includes preparation of the Statement of Financial Position. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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