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Identify the Correct Classification for the Following Five Ledger Accounts

Question 11

Multiple Choice

Identify the correct classification for the following five ledger accounts: Identify the correct classification for the following five ledger accounts:   A)  1 asset,2 expense,3 expense,4 asset,5 expense. B)  1 asset,2 expense,3 asset,4 expense,5 liability. C)  1 asset,2 expense,3 expense,4 asset,5 liability. D)  1 expense,2 expense,3 expense,4 expense,5 expense.


A) 1 asset,2 expense,3 expense,4 asset,5 expense.
B) 1 asset,2 expense,3 asset,4 expense,5 liability.
C) 1 asset,2 expense,3 expense,4 asset,5 liability.
D) 1 expense,2 expense,3 expense,4 expense,5 expense.

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