True/False
A chart of accounts is a numbering system designed to organise a business account efficiently and to reduce errors in the recording and accumulating process.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q37: A business uses _ to record and
Q38: Which of the following is not part
Q39: The journal entry to record the owner's
Q40: A balance sheet shows:<br>A) the financial performance
Q41: _ is the process of transferring the
Q43: The general ledger is the most important
Q44: An income statement is the financial statement
Q45: An _ is a means by which
Q46: Which of the following best describes a
Q47: The accounts receivable account tells us how