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Q: What accounts are classified as assets in the company's chart of accounts?
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A chart of accounts lists accounts in the following order?

assets liability owners' equity income expense account


What is the appropriate order for a company's chart of accounts?

assets, liabilities, stockholders' equity, revenues, expense


What does the organization chart illustrate?

the companys organizational structure.


What are the five general ledger divisions for a chart of accounts in accounting?

Five general ledger divisions would be assets, liabilities, equity, revenues, and expenses.


An accounting record of the balances of all assets and liabilities and equity accounts is called a.compound entry. b. general journal. c. general ledger. d. chart of accounts?

c. General Ledger


What is charts of accounts?

chart of account is a chart


Where does chart accounts begin?

The Chart of Accounts is the system of accounts that make up the General Ledger. This begins with our assets starting with the most liquid (cash) and numbered usually as follows. 1000 - 1999: asset accounts 2000 - 2999: liability accounts 3000 - 3999: equity accounts 4000 - 4999: revenue accounts 5000 - 5999: cost of goods sold 6000 - 6999: expense accounts 7000 - 7999: other revenue (for example, interest income) 8000 - 8999: other expense (for example, income taxes)


What does the chart of accounts for a retail establishment include?

The chart of accounts for the retail establishment includes Cash and Sales.


Chart of accounts of a Law Firm?

http://www.google.com/search?q=law+firm+chart+of+accounts


What elements need to be considered when deciding on the numbering and layout of a Chart of Accounts?

the numbering and layout of a Chart of Accounts?


In which chart of accounts does property tax belong?

Property Tax goes in the Expense section of the Chart of Accounts


Why have a chart of accounts?

its important