Using the Letter Preceding Each Account,arrange the Following Selected Accounts

question 107

Short Answer

Using the letter preceding each account,arrange the following selected accounts in the order they would normally appear in a chart of accounts of a company that uses a multiple-step income statement.
a Accounts Payable
b Accounts Receivable
c Merchandise Inventory
d Miscellaneous Selling Expense
e Interest Expense
f Income Summary
g Misc.Admin.Expense
h Freight Out

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Definitions:

Combo Box

A user interface control that combines a drop-down list or list box and a single-line textbox, allowing the user to select an item from the list or to enter a new value.

Form Layout Tools

Software features or tools that allow for the customization and arrangement of fields and controls in a form.

Arrange Tab

A feature in software applications, particularly in graphical or document editing programs, for organizing and aligning elements.

Tabular

Pertains to data or information presented in rows and columns, resembling a table.