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  3. name 4 a chart of accounts is a the same...

Question: name 4 a chart of accounts is a the same...

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Name: 4 A chart of accounts is a. the same as a balance sheet usually a listing of accounts in alphabetical order usually a listing of accounts in financial statement order b. c. d. used in place of a ledger Which of the following entries records the investment of cash by Ron York, owner of a a. debit Ron York, Capital; credit Accounts Receivable b. debit Cash; credit Ron York, Capital c. debit Ron York, Drawing; credit Cash d. debit Cash; credit Ron York, Drawing 5. ip? Office supplies were sold by Aris Alarm Service at cost to another repair shop, with cash received. of the following entries for Aris Alarm Service records this transaction? a. Office Supplies, debit; Cash, credit b. Office Supplies, debit, Accounts Payable, credit c. Cash, debit; Office Supplies, credit d. Accounts Payable, debit; Office Supplies, credit 6. Which 7. A cash payment is recorded on the cash account as a a. neither a debit or a credit b. credit c. debit d. either a debit or a credit The chart of accounts classify the accounts to make identification of the accounts easier. This is done by way of assigning a number to each account. The first number identifies the classification of the type of account. Which of the following indicates the use of this classification? a. 1-Assets, 2-Liabi b. 1-Assets, 2-Liabilities, 3-Owners Equity, 4-Revenues, 5-Expenses c. 1-Assets, 2-Owners Equity, 3-Revenues, 4-Expenses, 5-Drawing d. 1-Owners Equity, 2-Drawing, 3-Revenues, 4-Expenses 8. lities, 3-Owners Equity, 4-Expenses, 5 March6Cash Unearned Fees 375 a. Received cash for services performed b. Received cash for services to be performed in the future. c. Paid cash in advance for services to be done. d. Paid cash for services to be performed
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