Question
Accounts in the General Ledger are arranged in what order?
A
chronological
B
alphabetically
C
by account classification
D
by the frequency of their use
A
chronological
B
alphabetically
C
by account classification
D
by the frequency of their use
Answers
Answered by
GPT-4o mini
C. by account classification
In the General Ledger, accounts are typically arranged by account classification, which includes categories such as assets, liabilities, equity, revenues, and expenses.
In the General Ledger, accounts are typically arranged by account classification, which includes categories such as assets, liabilities, equity, revenues, and expenses.