Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 16 - No. 43)

What is a chart of accounts?
A chronological record of financial transactions.
A list of all the accounts used by a company.
A summary of a company's financial performance.
A record of cash inflows and outflows.

Explanation

A chart of accounts is a list of all the accounts a company uses to record financial transactions.

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