FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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QS 2-3 Reading a chart of accounts LO C3
Content.
A chart of accounts is a list of all ledger accounts and an identification number for each. Identify the following accounts as either an
asset (A), liability (L), equity (EQ), revenue (R), or expense (E) account.
a. Advertising Expense
b. Bills Payable
c. Buildings
d Commissions Earned
e. Owner, Capital
1. Concessions Expense
19. Delivery Expense
h. Equipment
i Food Drink Expense
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