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Which of the Following Is a Correct Numbering System to Identify

Question 109

Multiple Choice

Which of the following is a correct numbering system to identify accounts within the chart of accounts?


A) 101-Cash; 201-Accounts Payable; 301-K. Clarke; Capital; 401-Consulting Revenue
B) 101-K. Clarke, Capital; 201-Consulting Revenue; 301-Cash; 401-Accounts Payable
C) 101-Cash; 201-Consulting Revenue; 301-Accounts Payable; 401-K. Clarke, Capital
D) 101-Accounts Payable; 201-K. Clarke, Capital; 301-Consulting Revenue; 401-Cash

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