Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is true of the chart of accounts? The chart of accounts contains the unique names used for the general ledger and

Which of the following is true of the chart of accounts?
The chart of accounts contains the unique names used for the general ledger and general journal accounts.
The names for the general journal chart of accounts differ from the general ledger chart of accounts.
Accounting standards provide the required names used for the general ledger and general journal accounts.
Each business uses the same chart of accounts for the general ledger and general journal accounts.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

CISA Certified Information Systems Auditor All In One Exam Guide

Authors: Peter H. Gregory

4th Edition

1260458806, 978-1260458800

More Books

Students also viewed these Accounting questions

Question

Who should be involved?

Answered: 1 week ago

Question

please find the market value ratios for cp rail for the year 2021

Answered: 1 week ago

Question

Connect with your audience

Answered: 1 week ago