The Four Categories of Equity Accounts Are ________, ________, ________

question 233

Short Answer

The four categories of equity accounts are ________, ________, ________, and ________.

---

Definitions:

Appropriate Suppliers

Vendors or providers that meet specific criteria for quality, reliability, and ethical standards, suitable for a business's needs.

Transportation Of Goods

The process of moving products from one location to another, often involving various modes of transport such as trucks, ships, or planes.

Inventory Carrying Costs

The total costs associated with holding and storing inventory, including warehousing, insurance, depreciation, and opportunity costs.

Service Costs

Expenses associated with the delivery of a service, including labor, materials, and overheads.