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Showing posts with the label Extended Trial Balance And Post-Closing Trial Balance In Accounting

Difference Between Extended Trial Balance And Post-Closing Trial Balance

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Extended Trial Balance is prepared to show the accounting data relating to both Unadjusted Trial Balance and Adjusted Trial Balance while Post-Closing Trial Balance is used to show closing balances of Permanent Accounts before starting the new accounting period. Extended trial balance provides more details than post-closing trial balance as it shows both Temporary Accounts while post-closing trial balance can not do so.