chart of accounts for quarry operations Chart of Accounts Revenue and expense accounts tend to follow the standard of first listing the items most closely related to the operations of the business For example sales would be listed before nonoperating income In some cases part or all of the expense accounts simply are listed in alphabetical order Sample Chart of Accounts...
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The Chart of Accounts enables financial reporting and provides a framework for understanding the financial results of Stanford''s operations. The Chart of Accounts consists of segments and descriptive attributes (see below for an example of a Project or Task in the PTAEO account structure) that help the University organize financial information for
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The accounts are first grouped into types of accounts and then further aggregated into larger categories. At the most general level, the accounts are grouped as revenues and costs (operating accounts), and assets and liabilities (balance accounts). A chart of accounts can be shared and used by any legal entity in an organization.
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