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A chart of accounts is important to capture important information for an organization. Depending on what type of business or organization, different accounts will be
A chart of accounts is important to capture important information for an organization. Depending on what type of business or organization, different accounts will be required. Think about two different types of organizations and how their chart of accounts might be different. For example, how would the chart of accounts vary for a manufacturing business and Law Firm, or baseball team and a restaurant, or a bank and college. What are the important things each of your choices would need?
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