Which of the following is not an essential part of the accounting records?
A) The journal
B) The ledger
C) The chart of accounts
D) The work sheet

Question

Quizplus · Accepted Answer

The work sheet is not an essential part of the accounting records. It is a tool used by accountants to aid in the preparation of financial statements and is not a permanent record kept for accounting purposes. The journal, ledger, and chart of accounts are all necessary components of accounting records.

Which of the Following Is Not an Essential Part of the Accounting