Both the chart of accounts and the ledger __________. A. list the account names and numbers of the business B. provide the balance of each account at a specific point in time C. fulfill the task of showing all of the increases and decreases in each account D. All of the statements are correct.

The chart of the account is basically a listing of name of an account in which the company identified availability for the recording transaction in the general ledger. The company has high flexibility for tailor its both chart of account and ledger for its need and including accounts according to its particular needs.

The charts of the accounts has large and complex as company itself. The organization chart properly serve the outline for the accounting for the chart of account and the number of business.

Both the chart of accounts and the ledger​ __________. A. list the account names and numbers of the business B. provide the balance of each account at a specific point in time C. fulfill the task of showing all of the increases and decreases in each account D. All of the statements are correct.

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Both the chart of accounts and the ledger __________. A. list the account names and numbers of the business B. provide the balance of each account at a specific point in time C. fulfill the task of showing all of the increases and decreases in each account D. All of the statements are correct.