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Sample Chart of Accounts for a Small Company |, For example, if the first digit is a "1" it is an asset, if the first digit is a "3" it is a revenue account, etc...

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A chart of accounts is a list of all accounts used by a company in its accounting system It makes the bookkeeper's work easier The accounts included in the chart of accounts must be used consistently to prevent clerical or technical errors in the accounting system...

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The chart of accounts often abbreviated to COA, is the foundation of the double entry bookkeeping system It is basically a listing of all the accounts found in the general ledger that the business will use to code each bookkeeping transaction...

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A chart of accounts is a lot like the game Jenga If you take a block away from one section of your business, you have to add it back someplace else...

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A chart of accounts is a list of all accounts used by a company in its accounting system It makes the bookkeeper's work easier The accounts included in the chart of accounts must be used consistently to prevent clerical or technical errors in the accounting system...

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