Multiple Choice
A trial balance lists accounts in which order?
A) Assets, Liabilities, Revenues, Expenses, Owner's equity
B) Assets, Expenses, Liabilities, Revenues, Owner's equity
C) Assets, Revenues, Liabilities, Expenses, Owner's equity
D) Assets, Liabilities, Owner's equity, Revenues, Expenses
Correct Answer:
Verified
Correct Answer:
Verified
Q16: When recording a transaction in a journal,the
Q17: Which of the following groups of accounts
Q18: For assets and expenses,a debit increases the
Q19: The process of copying from the journal
Q20: A listing of all account titles in
Q22: Which of the following groups of accounts
Q23: A business buys $500 of supplies on
Q24: For Supplies,the category of account and its
Q25: In a previous month,the business rendered
Q26: Prepaid expenses are recorded as:<br>A) assets.<br>B) liabilities.<br>C)