Which of the following accounts would likely be listed before the others in a chart of accounts?
A) Accumulated Depreciation-Buildings
B) Insurance Expense
C) Dividends
D) Notes Payable
Correct Answer:
Verified
Q127: Customarily a trial balance is prepared
A) at
Q139: Posting
A) should be performed in account number
Q193: An accounting record that includes a list
Q194: Which of the following statements is incorrect?
A)A
Q195: Typically the chart of accounts begins with
A)asset
Q196: Equipment costing $20,000 is purchased by paying
Q198: Which of the following accounts is an
Q199: A journal
A)contains only asset and liability accounts.
B)is
Q200: The principal purpose of posting is to
A)help
Q201: A trial balance
A)is a list of accounts
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