Multiple Choice
ABT Corporation uses block coding for its chart of accounts, which includes Cash (101) , Land (201) , Accounts payable (301) and Retained Earnings (501) .Which of the following account numbers is most likely associated with an account that will appear on the income statement?
A) 101
B) 102
C) 401
D) 601
Correct Answer:
Verified
Correct Answer:
Verified
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