The Usual Order of Accounts in the General Ledger Is

question 141

Multiple Choice

The usual order of accounts in the general ledger is

• A)assets, liabilities, common stock, retained earnings, dividends, revenues, and expenses.
• B)assets, liabilities, dividends, common stock, retained earnings, expenses, and revenues.
• C)liabilities, assets, common stock, retained earnings, revenues, expenses, and dividends.
• D)common stock, retained earnings, assets, liabilities, dividends, expenses, and revenues.

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Definitions:

Tax Returns

Formal documents filed with tax authorities that report income, expenses, and other relevant financial information for the purpose of calculating tax liability.

Timing of Divorce

Refers to the specific period or stage in life or marriage when a couple decides to legally end their relationship, which can impact the effects of divorce on individuals and families.

Early Instability

Refers to the period of inconsistency or unpredictability often found in the initial stages of a process, situation, or state.

Developmental Problems

Issues or delays in physical, emotional, or intellectual growth in children or adolescents.