What does a chart of accounts list?
AAccount codes for the general ledger
BNarrations of journal entries
CAgeing of debtors by month
DBank balances of each branch
Answer & Solution
Correct answer: A. Account codes for the general ledger
It is a list of account codes that lets each account be found in the general ledger.
Keep practising Double-Entry Bookkeeping
Browse all Double-Entry Bookkeeping questions for CA Foundation, or explore more Accounting topics.
Related questions
A contra account carries a balance that is what?What does the retained earnings account reflect?Revenue and expense accounts are regarded as what kind of accounts?A service is performed for a customer who pays later. Which account is credited?By accepted practice, how are credit entries shown in a journal?Which of these is a long-term liability?Which of these is an equity account?Another name for the balance sheet is what?