Question
What is the difference between a chart of accounts and a general ledger? Select one: a.A chart of accounts contains graphs and notes, but a
What is the difference between a chart of accounts and a general ledger?
Select one:
a.A chart of accounts contains graphs and notes, but a general ledger does not.
b.A chart of accounts contains information about budgets. A general ledger contains account numbers, descriptions, and graphs (one graph per account).
c.Only managers use charts of accounts, whereas investors use general ledgers.
d.A chart of accounts contains account numbers and descriptions. A general ledger contains account numbers, descriptions, and numbers that reflect transactions in each account.
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