The chart of accounts usually lists a company's accounts in what order? assets, liabilities, shareholders' equity,...

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The chart of accounts usually lists a companys accounts in what order? assets, liabilities, shareholders equity, expenses,

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Answer 1

Answer #1

Answer :assets, liabilities, stockholders' equity, revenues, expenses

Balancesheet accounts are listed first in th chart of accounts and then followed by the Income statements accounts.

Balancesheet items are again listed in the order Assets, Liabilities and then Stockholder's equity.

Income statements accounts also are listed in the order in which they are listed in Income statement. ie Revenues and then expenses

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Answer 2

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The chart of accounts usually lists a company's accounts in what order? assets, liabilities, shareholders' equity,...

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