Account titles are commonly grouped into what five categories in the chart of accounts?
A) Common stock, Additional paid - in capital, Treasury stock, Retained earnings, Accumulated other comprehensive income or loss
B) Current assets, Current liabilities, Noncurrent assets, Noncurrent liabilities, Stockholders' equity
C) Cash, Marketable securities, Accounts payable, Long-term debt, Common stock
D) Assets, Liabilities, Equity, Revenue, Expenses
Ans: D) Assets, Liabilities, Equity, Revenue, Expenses
Business
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