The Following Is the Chart of Accounts for Blownaparte Bookkeepers

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The Answer is Blownaparte Bookkeepers Chart of Accounts:
• Expenses seem to be in reverse alphabetical order;putting them in alphabetical order would speed reference and checking.
• Current and Non-current liabilities should be separated.
• Leave gaps in numbers between accounts to allow for expansion.
• Change numbers to all be consistently 4-digit or 5-digit.
• Change the categories to a more logical order (e.g.Assets,Liabilities,Owner's equity,Revenues,Expenses).
• Separate expenses into selling,general and financial.
• Separate liabilities into current and non-current.
• Separate intangible assets from investments.
• Add titles and subtitles to the chart to make it easier to read (e.g.Current assets,Current liabilities etc. ).
• Move Loss from flood and Loss from fire to the Expenses section,not Equity.

The Following Is the Chart of Accounts for Blownaparte Bookkeepers

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Correct Answer:
Verified

The Following Is the Chart of Accounts for Blownaparte Bookkeepers

Essay

Correct Answer:VerifiedShow Answer

Correct Answer:
Verified