If you were starting a business next month, what are some of the accounts you would establish up front to manage the business?

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter7: Payroll
Section: Chapter Questions
Problem 4.9C
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If you were starting a business next month, what are
some of the accounts you would establish up front
to manage the business?
Knowing that the chart of accounts can change, how
often would you review your chart of accounts to
potentially identify changes?
When reviewing the chart of accounts, what
personnel should be including in the review and the
decision to make changes?
Transcribed Image Text:If you were starting a business next month, what are some of the accounts you would establish up front to manage the business? Knowing that the chart of accounts can change, how often would you review your chart of accounts to potentially identify changes? When reviewing the chart of accounts, what personnel should be including in the review and the decision to make changes?
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