Multiple Choice
The usual ordering of accounts in the general ledger is
A) assets, liabilities, shareholders' equity, revenues, and expenses.
B) assets, liabilities, shareholders' equity, expenses, and revenues.
C) liabilities, assets, shareholders' equity, revenues, and expenses.
D) shareholders' equity, assets, liabilities, expenses, and revenues.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: A trial balance would only help in
Q3: The purpose of the ledger is to<br>A)record
Q4: A journal provides<br>A)the balances for each account.<br>B)information
Q6: Which of the following journal entries is
Q8: Which of the following statements is not
Q9: When a company receives a utility bill
Q10: If total assets are increased, there must
Q11: The sequence of steps in the
Q12: A T account is<br>A)a way of illustrating
Q133: Source documents can provide evidence that a