Generally,the ordering of accounts in a trial balance typically follows their identification number from the chart of accounts: assets,liabilities,equity,revenues,and expenses.
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Q32: A revenue account normally has a debit
Q41: The accounting process begins with:
A)Analysis of business
Q42: A sales invoice:
A)Is a type of use
Q46: Another name for the balance sheet is
Q46: The heading on each financial statement lists
Q47: Posting is the transfer of the information
Q48: Source documents include all of the following
Q49: Transactions are first recorded in the ledger.
Q51: A journal gives a complete record of
Q52: The balance sheet provides a link between
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