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Carlisle Company Is a Newly Organized Business

Question 34

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Carlisle Company is a newly organized business. The list of accounts to be opened in the general ledger is as follows: Carlisle Company is a newly organized business. The list of accounts to be opened in the general ledger is as follows: Organize the accounts into the order in which they should appear in the ledger of Carlisle Company and assign account numbers. Use the following system to assign account numbers. 100-199 Assets 200-299 Liabilities 300-399 Owner's Equity 400-499 Revenues 500-599 Expenses Organize the accounts into the order in which they should appear in the ledger of Carlisle Company and assign account numbers. Use the following system to assign account numbers.
100-199 Assets
200-299 Liabilities
300-399 Owner's Equity
400-499 Revenues
500-599 Expenses

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