Using the letter preceding each account, arrange the following selected accounts in the order they would normally appear in a chart of accounts of a company that uses a multiple-step income statement.
(a)Accounts Payable
(b)Accounts Receivable
(c)Merchandise Inventory
(d)Miscellaneous Selling Expense
(e)Interest Expense
(f)Misc. Admin. Expense
(g)Freight Out

Question

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The Answer of Using the letter preceding each account, arrange the following selected accounts in the order they would normally appear in a chart of accounts of a company that uses a multiple-step income statement.
(a)Accounts Payable
(b)Accounts Receivable
(c)Merchandise Inventory
(d)Miscellaneous Selling Expense
(e)Interest Expense
(f)Misc. Admin. Expense
(g)Freight Out

Using the Letter Preceding Each Account, Arrange the Following Selected