Which of the following would start with a 1 in the chart of accounts?
A) Receivables and Equipment
B) Depreciation Expense and Marketing Expense
C) Merchandise Sales and Rent Revenue
D) Common Stock and Dividends
Correct Answer:
Verified
Q35: A chart of accounts does NOT include:
A)Stockholders'
Q36: A promissory note owed to another company
Q37: The account used to record payment of
Q38: Which of the following is NOT an
Q39: Which of the following is an expense
Q41: A T-account has a $426 debit balance.
Q42: Accounts Payable, Taxes Payable, and Notes Payable:
A)increase
Q43: A T-account has a $864 credit balance.
Q44: Office Furniture, Wages Payable and Dividends have
Q45: A T-account has a $312 credit balance.
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