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QS 2-3 (Algo) Reading a chart of accounts LO C1 A chart of accounts is a list of all ledger accounts and an identification number
QS 2-3 (Algo) Reading a chart of accounts LO C1 A chart of accounts is a list of all ledger accounts and an identification number for each. Identify the following accounts as either an Asset, Liability, Equity, Revenue, or Expense account. a. Furniture b. Insurance Expense c. Insurance Payable d. Interest Expense e. Interest Payable f. Interest Receivable g. Interest Revenue h. Land i. Legal Fees Expense
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