Which of the Following Statements Is incorrect

question 110

Multiple Choice

Which of the following statements is incorrect?

• A)A chart of accounts is a listing of the accounts used by a business.
• B)New accounts can be added to the chart of accounts.
• C)Stockholders' Equity is an account that is included in the chart of accounts.
• D)Account titles for the chart of accounts are used in general journal entries.

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