Which of the Following Accounts Probably Would Be Listed Before

question 111

Multiple Choice

Which of the following accounts probably would be listed before the others in a chart of accounts?

• A)Buildings
• B)Insurance expense
• C)Dividends
• D)Revenue from services

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Definitions:

Union Wages

The level of compensation agreed upon through collective bargaining between labor unions and employers, often resulting in higher wages and better benefits for union workers compared to their non-union counterparts.

Salary

A fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, for the services of an employee.

Labor-market Discrimination

Differences in pay, employment opportunities, or treatment between workers based on race, gender, age, religion, or other non-skill related factors.

Illegal

Actions or activities that are forbidden by law or statute.