A chart of accounts does NOT include:
A)Stockholders' Equity.
B)assets.
C)names of customers.
D)liabilities.

Question

Quizplus · Accepted Answer

A chart of accounts is a listing of all accounts used in a company's accounting system to record transactions. It includes accounts for assets, liabilities, stockholders' equity, revenue, and expenses. However, the names of customers are not included in a chart of accounts as they are not considered accounts in the accounting system.

A Chart of Accounts Does NOT Include