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Chart of Accounts

The Chart of Accounts lists all of the accounts used in the company's General Ledger. Accounts are usually numeric, but can be alphabetic or alphanumeric.

The numbering system is used by the accounting software to aggregate information into the company's financial statements.  In the Chart of Account, accounts are usually listed in order of their appearance in the financial statements beginnning with Balance Sheet accounts.

© 2011 by Michael C. Dennis.  All Rights Reserved