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A Chart of Accounts Is a Listing of Each Type

question 35

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A chart of accounts is a listing of each type of activity (such as expense items)and each type of asset within the company.


Definitions:

Storage Medium

Any material substance, such as a hard drive or SSD, used to store digital data.

DOS Operating System

An acronym for Disk Operating System, it refers to several closely related operating systems that dominated the IBM PC compatible market during the 1980s and early 1990s.

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