Which of the following is an index for the accounts listed in the ledger?
A)Chart of Accounts
B)Trial balance
C)Adjusted Trial Balance
D)Ledger Account index

Question

Quizplus · Accepted Answer

The Chart of Accounts is a list or index of all the accounts recorded in the ledger, categorized based on their nature and type. It provides a systematic and organized way of referring to the accounts while recording or analyzing the financial transactions. The other options, such as Trial Balance, Adjusted Trial Balance, and Ledger Account Index, are reports or statements generated based on the ledger accounts and the transactions recorded in them.

Which of the Following Is an Index for the Accounts