Author Question: In which order are the accounts listed in the chart of accounts? a. assets, expenses, liabilities, ... (Read 44 times)

tth

  • Hero Member
  • *****
  • Posts: 579
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

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

c

Answer to Question 2

Answer: TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

For a complete list of videos, visit our video library