Which of the Following Sequences States the Order in Which

question 106

Multiple Choice

Which of the following sequences states the order in which accounts are listed on a trial balance?

• A) Equity → Assets → Liabilities
• B) Liabilities → Assets → Equity
• C) Assets → Equity → Liabilities
• D) Assets → Liabilities → Equity

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Definitions:

Service Salesperson

A professional who specializes in selling intangible products, such as service contracts or subscriptions.

Tangible Goods

Physical items that can be seen, touched, and possessed, including things like electronics, clothing, and furniture.

Order-getters

Salespeople who actively seek out customers and work to generate new sales through persuasive techniques.

Sales Strategy

A planned approach to selling products or services that aims to achieve competitive advantage and increase sales revenue.