Multiple Choice
A chart of accounts is
A) is only necessary for manual systems.
B) used only in companies with a complex business structure.
C) the first step in designing an accounting system.
D) a relatively simplistic way of classifying accounts.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q79: The procedure of transferring journal entries to
Q87: A trial balance is a listing of<br>A)
Q105: To increase a liability account, the account
Q106: Matt Dudeck has operated a lawn care
Q108: Transactions are recorded in alphabetical order in
Q109: The normal balance for the cash account
Q111: If a company has received a payment
Q113: A list of accounts and their balances
Q114: On June 1, 2014, Joanne White buys
Q115: Identify the account to be debited and