What is a group of accounts called?

What is a list of accounts called?

A chart of accounts (COA) is a financial organizational tool that provides a complete listing of every account in the general ledger of a company, broken down into subcategories.

Is a group or set of accounts?

L E D G E R ................. ledger is a complete record of financial transactions over the life of a company. The ledger holds account information that is needed to prepare financial statements, and includes accounts for assets, liabilities, owners' equity, revenues and expenses.

What do you call a group of accounts for a business entity?

A group of accounts for a business entity is called a: Ledger. A list of the accounts in the ledger is called a: Chart of accounts.

What is a group in Group accounting?

noun [ plural ] ACCOUNTING. us. accounts that show the total financial results of a group of companies for a particular period, rather than the separate results of each company: In preparing group accounts, both companies translate foreign currencies into terms of pounds.