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siniylev [52]
3 years ago
13

The chart of accounts is designed to

Business
1 answer:
SOVA2 [1]3 years ago
3 0

Answer: The correct answer is b).meet the information needs of a company's managers and other users of its financial statements

Explanation: Chart of accounts refers to list of accounts of an organization. It shows at a spot how an organisation receives money and spends money.

Chart of accounts contains Assets, Liabilities, Income, Expenses and Equity.

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