Raymond Autobody Shop has the followingaccounts: Accounts Payable Service Revenue Cash Equipment Utilities Expense Common Stock Automotive
Question:
Raymond Autobody Shop has the followingaccounts:
Accounts Payable
Service Revenue
Cash
Equipment
Utilities Expense
Common Stock
Automotive Supplies
Advertising Expense
Dividends
Unearned Revenue
Retained Earnings
Create a chart of accounts for Raymond Autobody Shop using the standard numbering system. Each account is separated by a factor of 10. For example, the first asset account will be 100 and the next asset account will 110.
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Assets Equity 100 Cash 300 Common Stock 110 Automoti...View the full answer
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Related Book For 
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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