Using the list of accounts below,construct a chart of accounts for a merchandising business that rents out a portion of its building,and assign account numbers and arranging the accounts in balance sheet and income statement order "1" for assets,and so on.Each account number should have three digits.Contra accounts should be designated with a decimal of the account 100.1 for contra of account 100.Assets and liabilities should be in order of liquidity,expenses should be in alphabetical order.
Definitions:
Life Instincts
In Freudian psychoanalysis, the forces or drives within an individual that are primarily geared towards survival, reproduction, and pleasure.
Unconsciousness
A state where a person is unable to respond to stimuli and lacks awareness of their surroundings.
Influence on Personality
The impact that environmental, genetic, and social factors have on the development of an individual's character traits and behavior.
Libido
In psychoanalytic theory, the energy derived from sexual instincts that drives or motivates an individual's behaviors.
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