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Tag Archives: account groupings

5 Main Chart of Accounts Categories

Business Management, Financial ManagementBy Sherrell T MartinJune 18, 2013Leave a comment

Last week I talked about the importance of using account numbers.  One of the main reasons is that it creates structure and allows you to group your transaction based on the five main categories of accounting. There are five main chart of account categories that are the foundation of an accounting numbering system.  These five categories…

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