Freddy's Fir Tree Company is a new business. The following accounts are required in the general ledger.

Organize the accounts into the order in which they should appear in the general ledger of Freddy's Fir Tree Company and assign account numbers.
Use the following system to assign account numbers.
1000-1999 Assets
2000-2999 Liabilities
3000-3999 Shareholder's equity account
4000-4999 Revenues
5000-5999 Expenses

Question

Freddy's Fir Tree Company is a new business. The following accounts are required in the general ledger.
  
Organize the accounts into the order in which they should appear in the general ledger of Freddy's Fir Tree Company and assign account numbers.
Use the following system to assign account numbers.
1000-1999 Assets
2000-2999 Liabilities
3000-3999 Shareholder's equity account
4000-4999 Revenues
5000-5999 Expenses

Quizplus · Accepted Answer

The Answer of Freddy's Fir Tree Company is a new business. The following accounts are required in the general ledger.
  
Organize the accounts into the order in which they should appear in the general ledger of Freddy's Fir Tree Company and assign account numbers.
Use the following system to assign account numbers.
1000-1999 Assets
2000-2999 Liabilities
3000-3999 Shareholder's equity account
4000-4999 Revenues
5000-5999 Expenses

Freddy's Fir Tree Company Is a New Business