Identify the Correct Classification for the Following Four Ledger Accounts

Multiple Choice

Identify the correct classification for the following four ledger accounts in the chart of accounts:

A) 1 expense, 2 liability, 3 expense, 4 expense.
B) 1 asset, 2 liability, 3 expense, 4 expense.
C) 1 asset, 2 liability, 3 expense, 4 asset.
D) 1 asset, 2 liability, 3 liability, 4 revenue.