Chart of Accounts Explained for Beginners 📊

Here’s a quick guide to understand what goes into a Chart of Accounts – the foundation of every accounting system.

On this one-page chart, you’ll see how accounts are grouped under:
✅ Assets
✅ Liabilities
✅ Income
✅ Expenses
✅ Equity

Perfect for beginners, students, and small business owners trying to understand how financial records are organized.

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