This video shows how a post-closing trial balance is created after the fiscal year-end closing process. As part of the closing process, temporary accounts (revenues, expenses, and dividends) are zeroed out as their balances are transferred to the permanent retained earnings (or accumulated deficit) account. Thus, the post-closing trial balance differs from the adjusted trial balance in that it does include any revenue, expense, or dividend accounts because these accounts have been made to have a zero balance as part of the year-end closing process.