A chart of accounts varies with each type of business as well as each company. In a

Question:

A chart of accounts varies with each type of business as well as each company. In a group, compare and contrast the accounts that would appear in Cole’s Real Estate Office, Sarah’s Clothing Emporium, Neal’s Grocery Store, and Tanner Plumbing Service. What accounts would appear in all companies? What accounts would be specific to each business?