The chart of accounts is a

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The chart of accounts is a listing of the accounts and their corresponding numbers used to identify their location in the ledger. It is a necessary tool for organizing and categorizing financial transactions for a business or organization. It does not necessarily include balances and is not primarily used to prove the mathematical accuracy of the ledger. While it is a required step in the recording process, it is more than just a step, as it sets up the entire structure for recording transactions.

The Chart of Accounts Is a