Horngren's Accounting, Student Value Edition Plus MyAccountingLab with Pearson eText, Access Card Package
11th Edition
ISBN: 9780134078946
Author: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
Publisher: PEARSON
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Chapter 2, Problem E2.11E
Creating a chart of accounts
Learning Objective 1
Raymond Autobody Shop has the folowing accounts:
| Accounts Payable | Service Revenue |
| Cash | Equipment |
| Utilities Expense | Raymond, Capital |
| Automotive Supplies | Advertising Expense |
| Raymond, Withdrawals | Unearned Revenue |
Create a chart of accounts for Raymond Autobody Shop using the standard numbering system. Each accounts is separated by a factor of 10. For example, the fist asset account will be 100 and the next asset account will 110.
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Chapter 2 Solutions
Horngren's Accounting, Student Value Edition Plus MyAccountingLab with Pearson eText, Access Card Package
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