On the Chart of Accounts, the Balance Sheet Accounts Are

question 76

Multiple Choice

On the chart of accounts, the balance sheet accounts are normally listed in the following order

• A) liabilities, assets, stockholders' equity
• B) assets, liabilities, stockholders' equity
• C) stockholders' equity, assets, liabilities
• D) assets, stockholders' equity, liabilities

---

Definitions:

Consumer Satisfaction

The measure of how products and services provided by a company meet or surpass a customer's expectation.

Marginal Cost

The increase in cost resulting from the production of one additional unit of output.

Quarts Of Milk

A unit of volume measurement used primarily in the United States to measure liquids, with one quart equivalent to roughly 0.946 liters; often used to measure milk quantity.

Cereal

Grain-based food processed or whole, often consumed as breakfast and served either hot or cold, usually in milk or yogurt.