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Accounting 5.) In the chart of accounts, the balance sheet accounts are normally listed in which order?

A.) stockholders' equity, assets, liabilities
B.) liabilities, assets, stockholders' equity
C.) assets, liabilities, stockholders' equity
D.) assets, stockholders' equity, liabilities

Respuesta :

Your correct answer is C.

Assets, liabilities, stockholders' equity

Answer:

C.) assets, liabilities, stockholders' equity

Explanation:

The list of each account a company owns is typically shown in the order the accounts appear in its financial statements. That means that balance sheet accounts, assets, liabilities, and shareholders' equity are listed first, followed by accounts in the income statement — revenues and expenses.

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