The account names in a worksheet are taken from and listed in the same order as the ________.
A)balance sheet
B)audit report
C)journal
D)chart of accounts

Question

Quizplus · Accepted Answer

The chart of accounts is a list of all the account names used by a business and is typically used to organize and track financial transactions. The account names in a worksheet are typically listed in the same order as they appear in the chart of accounts, making option D the correct answer. The balance sheet and audit report may include account names, but they are not used to determine the order in which names appear in a worksheet. A journal is a chronological record of all financial transactions and is not typically used to organize account names.

The Account Names in a Worksheet Are Taken from and Listed