A company's list of accounts and the identification numbers assigned to each account is called a:
A) General Journal.
B) Source document.
C) Trial balance.
D) Chart of accounts.
E) Journal.

Question

Quizplus · Accepted Answer

A chart of accounts is a list of all the accounts used by a company to classify, record and track financial transactions. It includes identification numbers assigned to each account for easy tracking and management.

A Company's List of Accounts and the Identification Numbers Assigned