chart of accounts

Definition of chart of accounts

: a list of account names arranged systematically and usually coded numerically or alphabetically or both to form the general framework of the accounting system of a specific business and to establish a scheme of account classification

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Cite this Entry

“Chart of accounts.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/chart%20of%20accounts. Accessed 27 Jan. 2021.

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