Understand the Problem
The image outlines a lesson plan, specifically focusing on types of major accounts in accounting, detailing the lessons and competencies to be covered.
Answer
Assets, liabilities, equity, revenues, expenses.
The five major accounts in accounting are assets, liabilities, equity, revenues, and expenses.
Answer for screen readers
The five major accounts in accounting are assets, liabilities, equity, revenues, and expenses.
More Information
These categories are foundational for understanding financial statements such as the balance sheet and income statement.
Tips
Ensure you understand the role of each account type in financial reporting.
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