\n<\/p>\n

<\/p>\n

PLEASE ANSWER QUESTIONS 1-3 WITH A 100-150 WORD RESPONSE, PLEASE USE DIFFERENT RESOUCRCES FOR EACH QUESTION, THEN FOR QUESTIONS 4- NUMBERS (1-5) EACH NEED TO HAVE A 100 WORD RESPONSE. MUST BE 100% AUTHENTIC<\/p>\n

\n
• <\/strong>When a chart of accounts is created, number gaps are left within groups of accounts. Why are these number gaps necessary?<\/li>\n
• <\/strong>What is the purpose of the general ledger and why are transactions posted there? Provide an example of when you would use a general ledger.<\/li>\n
• <\/strong>Why is Prepaid Rent<\/em> considered an asset account?<\/li>\n
• <\/strong>Indicate whether each of the following types of accounts would normally have a debit balance or a credit balance:<\/li>\n<\/ul>\n
  \n
  • An asset account<\/li>\n
  • A liability account<\/li>\n
  • The owner’s capital account<\/li>\n
  • A revenue account<\/li>\n
  • An expense account<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    PLEASE ANSWER QUESTIONS 1-3 WITH A 100-150 WORD RESPONSE, PLEASE USE DIFFERENT RESOUCRCES FOR EACH QUESTION, THEN FOR QUESTIONS 4- NUMBERS (1-5) EACH NEED TO HAVE A 100 WORD RESPONSE. MUST BE 100% AUTHENTIC When a chart of accounts is created, number gaps are left within groups of accounts. Why are these number gaps necessary? […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/181365"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=181365"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/181365\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=181365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=181365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=181365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}