Which of the following would start with a 2 in the chart of accounts?
A) Income taxes to be paid and wages to be paid
B) Common shares and preferred shares
C) Cash and accounts receivable
D) Sales and fees revenue
E) Marketing expense and rent expense
Correct Answer:
Verified
Q1: A chart of accounts includes:
A) balances of
Q2: Monies owed to a company on a
Q3: Items such as wages and interest that
Q5: Items of value that a company owns
Q6: Which of the following is a revenue
Q7: Dividends, revenues, and expenses all:
A) start with
Q8: An account starting with a number 1
Q9: Accounts that start with the numbers 6-9
Q10: Which of the following would start with
Q11: Accounts starting with the number 4 would
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