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Answer :
The common range used to identify expense accounts in a company's chart of accounts is 50000 to 59999. The correct answer is option A.
Expense accounts in accounting are usually designated by a specific range of numbers within the company's chart of accounts. This range varies by company, but a common range used to identify expense accounts is 50000 to 59999, which corresponds to option a). This range is often seen in the framework of a standardized numbering system where various types of accounts (assets, liabilities, equity, revenue, and expenses) are grouped within specific numerical ranges to streamline accounting processes and financial reporting.
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