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

Question

Quizplus · Accepted Answer

A chart of accounts is a comprehensive list of all accounts used by a company along with their identification numbers. Source documents are the original records that provide detailed information about a particular transaction. Journals and general journals are records of the company's financial transactions. A trial balance is a summary of all account balances to ensure they balance and that transactions have been recorded accurately. However, none of these options fit the description of a list of account numbers for a company.

A List of All Accounts and the Identification Number Assigned