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Exercise 3.8 (Static) Preparing a chart of accounts. LO 3-7 The accounts that will be used by Metro Moving Company follow. Prepare a chart of
Exercise 3.8 (Static) Preparing a chart of accounts. LO 3-7 The accounts that will be used by Metro Moving Company follow. Prepare a chart of accounts for the firm. Classify the accounts by ype, arrange them in an appropriate order, and assign suitable account numbers. Assign Expense account numbers in alphabetical Order. Salaries expense Prepaid rent Fees income Accounts receivable Telephone expense Carnen Alexis, Capital Office supplies Accounts payable Cash Utilities expense Office equipment Carnen Alexis, Drawing Account Number Account Name Salaries expense Prepaid rent Fees income Accounts receivable Telephone expense Carmen Alexis, Capital Office supplies Accounts payable Cash Utilities expense Office equipment Carmen Alexis, Drawing
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