Multiple Choice
Which of the following sequences states the order in which accounts are listed on a trial balance?
A) Equity → Assets → Liabilities
B) Liabilities → Assets → Equity
C) Assets → Equity → Liabilities
D) Assets → Liabilities → Equity
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q101: The account names in the chart of
Q102: On October 31,a business pays $1,500 cash
Q103: The Owner,Capital account is increased by a
Q104: A sole proprietorship has the following
Q105: Consider the following accounts and identify
Q107: When using a four-column account,the posting reference
Q108: State whether the normal balance of
Q109: When a business collects cash,the Cash account
Q110: Prepaid Rent is a(n)_ account and has
Q111: A business performs services for its customer