Question: Ch2 Assignment Chart of Accounts and Coding Use the following Accounts to create Chart of accounts based on Numbering System - Block Coding with Numbers-

 Ch2 Assignment Chart of Accounts and Coding Use the following Accounts

Ch2 Assignment Chart of Accounts and Coding Use the following Accounts to create Chart of accounts based on Numbering System - Block Coding with Numbers- Cash in Banks: Miscellaneous Income, Salaries and Wages Expenses Petty Cash Fund, Buildings; Accounts Receivable; Interest Expenses Owner's Capital Account: Wholesale Sales Inventory: Accumulated Depreciation - Buildings; Utilities Expenses Materials and Supplies, Accounts Payable; Prepaid Expenses; Advertising Expenses:Deposits; Notes Payable; Land; Sales Taxes-Payable: Tools and Equipment; Insurance Expenses Accumulated Depreciation -- Tools and Equipment; Vehicles; Retail Sales: Cost or Goods Sold; Telephone Expenses Rent Expenses: Office Supplies Expenses: Depreciation Expenses Accumulated Depreciation - Vehicles; Service Revenue Furniture and Fixtures Maintenance Expense; Entertainment Expenses Travel Expense Expenses Miscellaneous Expenses Use eight Blocks and four of Numbers to assign account groups based on the types of accounts in the following table. Moc Argede The Chart of Account Ch2 Assignment Chart of Accounts and Coding Use the following Accounts to create Chart of accounts based on Numbering System - Block Coding with Numbers- Cash in Banks: Miscellaneous Income, Salaries and Wages Expenses Petty Cash Fund, Buildings; Accounts Receivable; Interest Expenses Owner's Capital Account: Wholesale Sales Inventory: Accumulated Depreciation - Buildings; Utilities Expenses Materials and Supplies, Accounts Payable; Prepaid Expenses; Advertising Expenses:Deposits; Notes Payable; Land; Sales Taxes-Payable: Tools and Equipment; Insurance Expenses Accumulated Depreciation -- Tools and Equipment; Vehicles; Retail Sales: Cost or Goods Sold; Telephone Expenses Rent Expenses: Office Supplies Expenses: Depreciation Expenses Accumulated Depreciation - Vehicles; Service Revenue Furniture and Fixtures Maintenance Expense; Entertainment Expenses Travel Expense Expenses Miscellaneous Expenses Use eight Blocks and four of Numbers to assign account groups based on the types of accounts in the following table. Moc Argede The Chart of Account

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!