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Which of the Following Represent a Typical Coding Scheme for a General

Question 3

Multiple Choice

Which of the following represent a typical coding scheme for a general ledger account?


A) 1XXX assets X1XX current assets
XX1X cash accounts
XXX3 cash in bank
B) 1XXX cash in bank X1XX cash accounts
XX1X current assets
XXX3 assets
C) 1XXX non-current assets X1XX current assets
XX1X cash accounts
XXX3 cash in bank
D) none of the above are correct

Correct Answer:

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