What does the Chart of Accounts list?
A) Assets,liabilities and owner's equity accounts
B) Income and expense accounts
C) Owner's contributions
D) All of the choices are correct
Correct Answer:
Verified
Q12: Which account below is not an Expense
Q13: Which of the following is a liability?
A)Accounts
Q14: Which of the following is considered a
Q15: Which of the following is an asset?
A)Mortgage
Q16: How do you access the screen to
Q18: An example of a non-posting account is
Q19: The Income Statement:
A)Lists the accounts and account
Q20: Which of the following increases owner's equity?
A)Dividends
B)Business
Q21: Briefly explain the difference between a permanent
Q22: Briefly explain the purpose of account numbers
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