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The group of accounts of a business entity is called the "chart of accounts." This organized listing categorizes all the accounts used by the business to record financial transactions, including assets, liabilities, equity, revenues, and expenses. Each account is typically assigned a unique identifier to facilitate tracking and reporting. The chart of accounts is essential for effective financial management and reporting.
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What is the entire group of accounts maintained by a company called?
General ledger-a collection of all the accounts used by a business that could appear on the financial statements
What is a group of accounts?
its called a ledger
What is the term for the entire group of accounts maintained by a business?
general ledger
What does General ledger consist of?
A group of accounts.
Which group of accounts is comprised of only assets?
The group of accounts that is comprised of only assets are prepaid expenses. Money can be owed on such things as buildings and other equipment.
What is the entire group of accounts maintained by a company called?
General ledger-a collection of all the accounts used by a business that could appear on the financial statements
What is a group of accounts?
its called a ledger
What is the term for the entire group of accounts maintained by a business?
general ledger
What is E-commerce entity?
It would be a company, group, or individual that does the majority of it's business through a web site or email.
Why is a group of ferrets called a business?
A group of ferrets is called a business or busy-ness. In the Middle Ages the word was spelled "besynes" and the alleged term "fesynes" arose in 1801 through a transcription error in Joseph Strutt's Sports and Pastimes.
What is the name for a group of animals called a business?
A groups of ferrets is sometimes called a business.
What is a group of ferrets pack or herd?
A group of ferrets is called a "Business"
How do you own your own business?
In general, there are two ways for an individual to acquire full ownership of a business entity: A) when the individual starts the business and names themselves owner, and B) if the individual purchased the business from another individual/group.
What is mean by strong entity?
A strong entity is any powerful force or presence, whether it is meant to mean some sort of deity, a high power such as a government or a business, or even an individual or group, etc.
How would one define a business?
A business is an individual or group involved in professional, commercial, or industrial activities. Can be for profit of non-profit. Some kind of transaction must take place for the entity to do business with others.
Is Integon Insurance CO a viable business entity?
Yes it is. Integon Insurance is a part of GMAC Insurance group and is based in North Carolina.
What is employing entity?
An employ entity or employment entity is a person, corporation, partnership or a group that hires out work to an individual, group or company for the purposes of completing tasks.
