The accounts that are used 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 listing of all the accounts used by a company, organized in a specific order. This order is typically based on the financial statements, with balance sheet accounts listed first followed by income statement accounts. Therefore, the accounts listed in a worksheet are taken from and listed in the same order as the chart of accounts.

The Accounts That Are Used in a Worksheet Are Taken