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The numbering scheme of a chart of accounts should contain no gaps

The numbering scheme of a chart of accounts should contain no gaps



True or False:	

1.	All companies use the same standard set of accounts.


	2.	The accounts in a chart of accounts are normally listed in alphabetical order.


	3.	The numbering scheme of a chart of accounts should contain no gaps.


	4.	Wages payable is a type of expense.


	5.	An owner's withdrawals are classified as an expense.




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29 Apr 2016

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  1. Genius

    The numbering scheme of a chart of accounts should contain no gaps

    The numbering scheme of a chart of accounts should contain no gaps The numbering ****** ******
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