Construct a chart of accounts,assigning account numbers and arranging the accounts in balance sheet and income statement order ("1" for assets,and so on).Each account number is three digits.Contra accounts should designated with a decimal of the account (100.1 for contra of account 100).Assets and liabilities should be in order of liquidity,expenses should be in alphabetical order.

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Construct a chart of accounts,assigning account numbers and arranging the accounts in balance sheet and income statement order ("1" for assets,and so on).Each account number is three digits.Contra accounts should designated with a decimal of the account (100.1 for contra of account 100).Assets and liabilities should be in order of liquidity,expenses should be in alphabetical order.
Construct a chart of accounts,assigning account numbers and arranging the accounts in balance sheet and income statement order ( 1 for assets,and so on).Each account number is three digits.Contra accounts should designated with a decimal of the account (100.1 for contra of account 100).Assets and liabilities should be in order of liquidity,expenses should be in alphabetical order.

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The Answer of Construct a chart of accounts,assigning account numbers and arranging the accounts in balance sheet and income statement order ("1" for assets,and so on).Each account number is three digits.Contra accounts should designated with a decimal of the account (100.1 for contra of account 100).Assets and liabilities should be in order of liquidity,expenses should be in alphabetical order.

Construct a Chart of Accounts,assigning Account Numbers and Arranging the Accounts