A Business's Chart of Accounts Is Prepared to Verify the Equality

question 47

True/False

A business's chart of accounts is prepared to verify the equality of debits and credits.

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Definitions:

Primates

A group of mammals that includes humans, apes, monkeys, and their close relatives.

Fruit

The sweet and fleshy product of a tree or other plant that contains seed and can be eaten as food.

Argument By Analogy

A form of reasoning that compares two different things because of their similarities in some respects.

Alike

Similar in nature, appearance, or characteristics; having resemblance or correspondence.