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You are a financial systems analyst at Forbidden Island, a parent company of multiple luxury resort companies. As part of implementing a new financial reporting
You are a financial systems analyst at Forbidden Island, a parent company of multiple luxury resort companies. As part of implementing a new financial reporting system, your team is creating a new chart of accounts that will be used across your company's subsidiaries. Using the following block coding categorizations, assign an account number to each of the accounts. Current Assets: 100-199 | Shareholders' Equity: 300-350 | Revenues: 500-575 | Expenses: 900-950 Sales Returns and Allowances Bad debts Allowance for Doubtful Accounts Cost of Goods Sold Inventory Dividends Depreciation You are a financial systems analyst at Forbidden Island, a parent company of multiple luxury resort companies. As part of implementing a new financial reporting system, your team is creating a new chart of accounts that will be used across your company's subsidiaries. Using the following block coding categorizations, assign an account number to each of the accounts. Current Assets: 100-199 | Shareholders' Equity: 300-350 | Revenues: 500-575 | Expenses: 900-950 Sales Returns and Allowances Bad debts Allowance for Doubtful Accounts Cost of Goods Sold Inventory Dividends Depreciation
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