[Answer] What is provided in a typical chart of accounts?

Answer: Account Numbers

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What is provided in a typical chart of accounts? A chart of accounts is a listing of the names of the accounts that a company has identified and made available for recording transactions in its general ledger . A company has the flexibility to tailor its chart of accounts to best suit its needs including adding accounts as needed. Thu Apr 25 2019 · A chart of accounts (COA) is an index of all the financial accounts in the general ledger of a company. In short it is an organizational tool that provides a digestible breakdown of all the financial transactions that a company conducted during a specific accounting period broken down into subcategories . A chart of accounts is a list of all accounts used by a company in its accounting system. It makes the bookkeeper's work easier. The accounts included in the chart of accounts must be used consistently to prevent clerical or technical errors in the accounting system . Wed Aug 17 2016 · What is the Chart of accounts? The chart of accounts is a listing of all accounts used in the general ledger of an organization. The chart is used by the accounting software to aggregate information into an entity’s financial statements. The chart is usually sorted in order by account number to ease the task of locating specific accounts . Fri Jan 25...

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