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The chart of accounts is designed to a. summarize the transactions and determine ending account balances b. organize accounts in order of dollar amount to

The chart of accounts is designed to

a. summarize the transactions and determine ending account balances

b. organize accounts in order of dollar amount to simplify the accounting information for users

c. meet the information needs of a company's managers and other users of its financial statements

d. alphabetize the accounts to make reading easier for financial statement users

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