The following are the account titles used by ABM Co.:АВМ, СаpitalABM, DrawingLoan PayableMortgage Payable16Accrued Interest PayableAccrued Utilities PayableAccounts ReceivableNotes ReceivablePrepaid RentRent ExpenseAccounts PayableCashSalaries ExpenseService RevenueInterest ExpenseInterest IncomeInsurance ExpenseUnused SuppliesUsed SuppliesPrepaid InsuranceRequired: Prepare the chart of accounts using two digits number.

Name: The following are the account titles used by ABM Co.:АВМ, СаpitalABM,
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Description: The following are the account titles used by ABM Co.:АВМ, СаpitalABM, DrawingLoan PayableMortgage Payable16Accrued Interest PayableAccrued Utilities PayableAccounts ReceivableNotes ReceivablePrepaid RentRent ExpenseAccounts PayableCashSalaries Expen

Charts of accounts can be defined as the list of all the financial accounts that is recorded under…

Business

Accounting

The following are the account titles used by ABM Co.: ABM, Capital ABM, Drawing Loan Payable Mortgage Payable 16 Accrued Interest Payable Accrued Utilities Payable Accounts Receivable Notes Receivable Prepaid Rent Rent Expense Salaries Expense Accounts Payable Cash Service Revenue Interest Expense Interest Income Insurance Expense Unused Supplies Used Supplies Prepaid Insurance Required: Prepare the chart of accounts using two digits number.

The following are the account titles used by ABM Co.: ABM, Capital ABM, Drawing Loan Payable Mortgage Payable 16 Accrued Interest Payable Accrued Utilities Payable Accounts Receivable Notes Receivable Prepaid Rent Rent Expense Salaries Expense Accounts Payable Cash Service Revenue Interest Expense Interest Income Insurance Expense Unused Supplies Used Supplies Prepaid Insurance Required: Prepare the chart of accounts using two digits number.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The following are the account titles used by ABM Co.: АВМ, Сapital ABM, Drawing Accrued Interest Payable Accrued Utilities Payable Accounts Receivable Accounts Payable Cash Loan Payable Mortgage Payable Notes Receivable Prepaid Rent Rent Expense Salaries Expense Service Revenue 13 Interest Expense Interest Income Insurance Expense Unused Supplies Used Supplies Prepaid insurance Required: Prepare the chart of accounts using two digits number.
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