The Usual Ordering of Accounts in the General Ledger Is

question 139

Multiple Choice

The usual ordering of accounts in the general ledger is

• A) assets liabilities owner's capital drawings revenues and expenses.
• B) assets liabilities drawings owner's capital expenses and revenues.
• C) liabilities assets owner's capital revenues expenses and drawings.
• D) owner's capital assets liabilities drawings expenses and revenues.

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Definitions:

Cultural Sensitivity

The awareness, acknowledgment, and respect for the differences among cultures, crucial in effective communication and interaction.

Cultural Competency

The ability of individuals and organizations to effectively interact, work, and communicate with people from various cultural backgrounds.

Culturally Diverse

Reflecting a variety of cultural backgrounds and experiences, often emphasizing the importance of inclusivity and understanding in social and professional contexts.

Ethnic Group

A community or population made up of people who share a common cultural background, ancestry, or national origin.