Which 4 statements regarding the chart of accounts are true?

Un responded matter 12 Which 4 statements concerning the Chart of reports are real? (pick all that apply) to include a fresh account, start the Chart of Accounts by choosing Accounting through the Left Navigation Bar, then choosing Now to start the Account screen The product sales of Product money account is a standard account whenever stock is switched on Uncategorized earnings and Uncategorized cost are standard is the reason on the web banking task in the event that you add a fresh account, the information kind determines which statement of finance this account can look on once you specify a product sales price/rate whenever installing products, you link them towards Chart of Accounts you need to inactivato a merchant account through the Chart of Accounts in case it is maybe not strongly related your online business past Then
maybe not related to the business, hence they really should really be closed
reports, which will be maybe not linked to chart of reports and point 6
Whilst those two are incorrect, the residual four are proper
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maybe not inactive
claims that individuals should keep consitently the undesired account inactive in the event that are
Since the second point claims towards purchase of item earnings

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