58.7k views
3 votes
A category that is not in the chart of accounts is

1 Answer

2 votes

The answer is: Cash flows

Chart of account consist of list with information regarding unique recording for all type of of asset, equity, income , liabilities and expense that the company has. Cashflow only records the amount of money that come in and out of the organization's fund, but it does not provide information regarding how the amount of assets that the company ha.

User Ashwini Chougale
by
8.4k points