menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting A Career Approach
  4. Exam
    Exam 12: Financial Statements, Closing Entries, and Reversing Entries
  5. Question
    In the Chart of Accounts, Account Number 211 Falls Under
Solved

In the Chart of Accounts, Account Number 211 Falls Under

Question 97

Question 97

Multiple Choice

In the chart of accounts, account number 211 falls under the:


A) Assets section.
B) Liabilities section.
C) Revenue section.
D) Cost of Goods Sold section.
E) Expenses section.

Correct Answer:

verifed

Verified

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

Related Questions

Q92: In the work sheet of Parker Company,

Q93: Cost of goods available for sale is

Q94: What two measures tell management and short-term

Q95: Which of the following statements is true

Q96: Assume Net Sales are $225,000, Cost of

Q98: Net Income or Net Profit<br>A) Are the

Q99: A decrease in Sales Discounts results in

Q100: The Purchases account is not classified as

Q101: The Interest Income account is classified as

Q102: Net sales of Thomas Company is $180,600,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines