Each account is assigned a number and this listing of all accounts is called a
A)trial balance.
B)journal.
C)ledger.
D)chart of accounts.

Question

Quizplus · Accepted Answer

The chart of accounts is a listing of all accounts used by a company and each account is assigned a number. The trial balance is a list of all accounts and their balances typically prepared at the end of an accounting period. The journal is a chronological record of all transactions, and the ledger is a collection of all accounts and their transactions.

Each Account Is Assigned a Number and This Listing of All