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What is charts of accounts?

chart of account is a chart


In which chart of accounts does property tax belong?

Property Tax goes in the Expense section of the Chart of Accounts


Chart of accounts of a Law Firm?

http://www.google.com/search?q=law+firm+chart+of+accounts


What elements need to be considered when deciding on the numbering and layout of a Chart of Accounts?

the numbering and layout of a Chart of Accounts?


What does the chart of accounts for a retail establishment include?

The chart of accounts for the retail establishment includes Cash and Sales.


Do you have a Sample chart of accounts for logistics?

no


What accounts will only be found in the chart of accounts of a merchandising company?

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On a chart of accounts all asset and expense accounts are in the same division?

FALSE


What Is a listing of all the balance sheet and income-related accounts?

chart of accounts


What is a standard chart of accounts in ngo's?

It does not exist


Must a chart of accounts prepared at the start of every accounting cycle for every financial period?

Generally the answer to this question is no, a chart of accounts does not have to be set up for every financial cycle, usually the chart of accounts is set up in the beginning of the business, when the business is first created, it is updated periodically too allow for new accounts to be added to the chart, but it is not set up each cycle from scratch.


What is the purpose of chart of accounts?

The purpose of the chart of accounts is so that the correct account is used within the accounting system of a business. Certain businesses may have different names for cash, capital, and other accounts.