Chart of Accounts

Front

Assets

Back

100

Front

Revenues: 100, 200, 300, 400, 500

Back

400

Front

Owner's Equity

Back

300

Front

Expenses: 100, 200, 300, 400, 500

Back

500

Front

Liabilities

Back

200

Front

Which asset account should be listed first because it is the most frequently used account? Options: Cash, Accounts Receivable, Supplies, Prepaid Insurance

Back

Cash

Front

Which of the following accounts should be listed first in the Expenses section?
Miscellaneous Expense,
Rent Expense,
Advertising Expense,
Utilities Expense

Back

Advertising Expense

Front

If you need to add a new account to an existing chart of accounts between account numbers 510 and 520 you should use....

Back

515

Front

The order of the COA for Payables and Expenses...

Back

Alphabetical

Front

The Chart of Accounts numbering system is organized by...

Back

Account Classification