All the accounts in an accounting system can be classified broadly as either:Income statement accounts ,Statement of financial position accounts.Below are listed some other classifications of accounts. You are to identify them with the above classifications

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The Answer of All the accounts in an accounting system can be classified broadly as either:Income statement accounts ,Statement of financial position accounts.Below are listed some other classifications of accounts. You are to identify them with the above classifications

All the Accounts in an Accounting System Can Be Classified