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Chart of accounts is simply a list of account names that a company uses in its general ledger for recording various business transactions. It provides guidance to book-keepers, accountants or other relevant persons in using specific account names while entering transactions in journal and posting them to ledger. Structure or template There is no common structure … Accounting Notes, Accounting Education, Accounting Classes, Accounting Basics, Bookkeeping And Accounting, Accounting And Finance, Business Checklist, Business Planner, Business Tips
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Chart of Accounts - Definition, Explanation, Format and Example | Accounting For Management

What is a chart of accounts? Definition, explanation, types and examples of chart of accounts.

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