The entire group of accounts maintained by a company is called the
A) statement of cash flows.
B) general journal.
C) general ledger.
D) trial balance.

Question

Quizplus · Accepted Answer

The general ledger is a complete list of accounts used by a company to record its financial transactions. It includes all assets, liabilities, equity, revenues, and expenses. The other options refer to specific financial documents or tools that are derived from the information in the general ledger.

The Entire Group of Accounts Maintained by a Company Is