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Business, 20.09.2020 16:01 jlang8

Which of the following statements are true about the chart of accounts? a. Different companies use different charts of accounts based on individual company need.
b. The chart of accounts contains the balance of all of the accounts in a ledger.
c. The chart of accounts should be ordered in a logical sequence based on type of account.
d. The chart of accounts can be ordered in any sequence because they are not formal financial systems.

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