chart of accounts

Definition

A list of all account names and numbers used in a company's general ledger.

Use chart of accounts in a sentence

You should keep a good chart of accounts so that you will know exactly where you stand in all areas.

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According to the chart of accounts, the business had a total of 20 open accounts when they closed their doors.

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Our chart of accounts told us all the names of the people in our company's ledger and we were glad to have that information.

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