The correct classification for these ledger accounts is: a.Land
b.Accounts Receivable
c.Interest Received
d.Mortgage Payable
a.$\text { 1 Asset } 2 \text { Liability }\quad 3 \text { Income } \quad 4 \text { Asset }$
b.$\text { 1 Asset } \quad 2 \text { Asset } \quad 3 \text { Liability } \quad 4 \text { Liability }$
c.$\text { 1 Asset } \quad 2 \text { Liability } \quad 3 \text { Liability }\quad 4 \text { Liability }$
d.$\text { 1 Asset } \quad 2 \text { Asset } \quad 3 \text { Income } \quad 4 \text { Liability }$

Question

The correct classification for these ledger accounts is: a.Land
b.Accounts Receivable
c.Interest Received
d.Mortgage Payable
a.$\text { 1 Asset } 2 \text { Liability }\quad  3 \text { Income } \quad 4 \text { Asset }$
b.$\text { 1 Asset } \quad 2 \text { Asset } \quad 3 \text { Liability } \quad 4 \text { Liability }$
c.$\text { 1 Asset } \quad 2 \text { Liability } \quad 3 \text { Liability }\quad  4 \text { Liability }$
d.$\text { 1 Asset } \quad 2 \text { Asset } \quad 3 \text { Income } \quad 4 \text { Liability }$

Quizplus · Accepted Answer

The Answer of The correct classification for these ledger accounts is: a.Land
b.Accounts Receivable
c.Interest Received
d.Mortgage Payable
a.$\text { 1 Asset } 2 \text { Liability }\quad  3 \text { Income } \quad 4 \text { Asset }$
b.$\text { 1 Asset } \quad 2 \text { Asset } \quad 3 \text { Liability } \quad 4 \text { Liability }$
c.$\text { 1 Asset } \quad 2 \text { Liability } \quad 3 \text { Liability }\quad  4 \text { Liability }$
d.$\text { 1 Asset } \quad 2 \text { Asset } \quad 3 \text { Income } \quad 4 \text { Liability }$

The Correct Classification for These Ledger Accounts Is: A 1 Asset 2 Liability 3 Income 4 Asset \text { 1 Asset } 2 \text { Liability }\quad 3 \text { Income } \quad 4 \text { Asset } 1 Asset 2 Liability 3 Income 4 Asset

The Correct Classification for These Ledger Accounts Is: A $\text { 1 Asset } 2 \text { Liability }\quad 3 \text { Income } \quad 4 \text { Asset }$