Which Of The Following Best Describes A Chart Of Accounts

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Which Of The Following Best Describes A Chart Of Accounts

? 1. A chart of accounts is the list of accounts deemed suitable for firms belonging to a particular industry. 2. A chart of accounts is the list of a firm's accounts that have zero balances at a particular point in time. 3. A chart of accounts is the list of accounts allowed by the Financial Accounting Standards Board. 4. A chart of accounts is the list of a firm's accounts that have non-zero balances at a particular point in time. 5. A chart of accounts is the list of the accounts in a given firm's ledger.
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5. A chart of accounts is the list of the accounts in a given firm's ledger.
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