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Identify accounts within the chart of accounts

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Reference no: EM132552258

Question 1: Which of the following is a correct numbering system to identify accounts within the chart of accounts?

Option 1: -101-cash;201-accounts payable; 301-k.clarke;capital;401-consulting evenue

Option 2: -101-k.clarke,capital201-consulting revenue;301-cash;401-accounts payable

Option 3: -101-k.casah,201-consulting revenue;301-accounts payable; 401-K. clarke,capital

Option 4: -101-accounts payable;201-K.clarke,capital301-consulting revenue;401-cash

Reference no: EM132552258

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