Solved

On January 1,Cassie Harris Established a Catering Service

Question 193

Essay

On January 1,Cassie Harris established a catering service.Listed below are accounts she would like to open in the general ledger.List the accounts in the order in which they should appear in the ledger and propose a two-digit account numbering scheme that is consistent with the rules of a proper chart of accounts. On January 1,Cassie Harris established a catering service.Listed below are accounts she would like to open in the general ledger.List the accounts in the order in which they should appear in the ledger and propose a two-digit account numbering scheme that is consistent with the rules of a proper chart of accounts.

Correct Answer:

verifed

Verified

11 Cash
12 Accounts Receivable
13 Suppli...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q16: State for each account whether it is

Q85: Revenue accounts are increased by credits.

Q110: Transactions are initially entered into a record

Q112: Exhibit 2-1<br>All nine transactions for Ralston Sports

Q137: The process of initially recording a business

Q138: Which of the following entries records the

Q139: The erroneous arrangement of digits, such as

Q158: A drawing account represents the amount of

Q165: The T account got its name because

Q186: Expenses result from using up assets or