In the Chart of Accounts,each Account Number Has Two Digits

question 55

Multiple Choice

In the chart of accounts,each account number has two digits.The first digit indicates the major account group to which the account belongs.Which of the following correctly identifies the major account groups typically represented by the numbers 1 through 5?

• A)1-Assets,2-Liabilities,3-Stockholders' Equity,4-Expenses,5-Revenues
• B)1-Assets,2-Liabilities,3-Stockholders' Equity,4-Revenues,5-Expenses
• C)1-Assets,2-Stockholders' Equity,3-Revenues,4-Expenses,5-Dividends
• D)1-Stockholders' Equity,2-Dividends,3-Revenues,4-Expenses

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Definitions:

Elimination Status

An assessment of how a person's body disposes of waste, including bowel and bladder function.

Bowel Movements

The process of excreting waste from the digestive tract through the rectum and anus, an important indicator of gastrointestinal health.

Fiber Intake

The consumption of dietary fiber found in plant foods, which is essential for digestive health and can influence the risk of various diseases.

Water Consumption

The act of ingesting water to maintain bodily hydration, necessary for overall health and bodily functions.