Achart of accounts options: is set up in alphabetical order includes account balances is a listing of all the accounts used by a company all of the above answers are correct.

A chart of accounts is a listing of all accounts used by a company. The listings are numbered in no particular order but show all of the accounts the company uses to help run theirs. Each lets you know whether it has a debit or credit monetary effect on the business and an explanation of exactly what the account purpose is.

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