chart of accounts

Definition of "chart of accounts"
  1. A comprehensive list of a company's accounts that records revenue and expenses, organized either by category or sequence on financial statements
How to use "chart of accounts" in a sentence
  1. The company's financial health was reviewed using the chart of accounts.
  2. Is the chart of accounts organized by category or presentation sequence?.
  3. Regular auditing of the chart of accounts can prevent financial discrepancies.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z