Multiple Choice
Identify the correct classification for the following four ledger accounts in the chart of accounts:
A) 1 expense,2 liability,3 expense,4 expense.
B) 1 asset,2 liability,3 expense,4 expense.
C) 1 asset,2 liability,3 expense,4 asset.
D) 1 asset,2 liability,3 liability,4 revenue.
Correct Answer:

Verified
Correct Answer:
Verified
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