In which order are the accounts listed in the chart of accounts?
A) assets, expenses, liabilities, stockholders' equity, revenues
B) stockholders' equity, assets, liabilities, revenues, expenses
C) assets, liabilities, stockholders' equity, revenues, expenses
D) assets, liabilities, revenues, expenses, stockholders' equity

Question

Quizplus · Accepted Answer

The typical order of accounts in a chart of accounts is assets, liabilities, stockholders' equity, revenues, and expenses. Option C presents this order correctly.

In Which Order Are the Accounts Listed in the Chart