The Usual Ordering of Accounts in the General Ledger Is

question 4

Multiple Choice

The usual ordering of accounts in the general ledger is

• A)assets, liabilities, share capital-ordinary, retained earnings, dividends, revenues, and expenses.
• B)assets, liabilities, dividends, share capital-ordinary, retained earnings, expenses, and revenues.
• C)liabilities, assets, share capital-ordinary, retained earnings, revenues, expenses, and dividends.
• D)Share capital-ordinary, retained earnings, assets, liabilities, dividends, expenses, and revenues.

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Definitions:

Nervous

A state of being easily agitated or anxious, often in response to stress or uncertainty.

Universal

Universal pertains to something that is applicable or common to all cases, people, or situations without exception.

Organizational Commitment

The psychological attachment or loyalty of an employee towards their organization.

Seniority

A measure of how long an individual has been with an organization or in a specific position, often influencing their rank and privileges.