Author Question: In which order are the accounts listed in the chart of accounts? a. assets, expenses, liabilities, ... (Read 55 times)

tth

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In which order are the accounts listed in the chart of accounts?
 a. assets, expenses, liabilities, owner's equity, revenues
  b. owner's equity, assets, liabilities, revenues, expenses
  c. assets, liabilities, owner's equity, revenues, expenses
  d. assets, liabilities, revenues, expenses, owner's equity

Question 2

The actual costs of all individual overhead categories are recorded in the Manufacturing Overhead Control account.
 
  Indicate whether this statement is true or false.



srodz

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Answer to Question 1

c

Answer to Question 2

Answer: TRUE



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