When a chart of accounts is created, number gaps are left within groups of accounts. Why are

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When a chart of accounts is created, number gaps are left within groups of accounts. Why are these number gaps necessary?

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College Accounting A Contemporary Approach

ISBN: 978-0077639730

3rd edition

Authors: David Haddock, John Price, Michael Farina

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Question Posted: May 25, 2016 04:26 AM

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When a chart of accounts is created, number gaps are left within groups of accounts. Why are

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There are two major reasons for giving a gap between groups of account numbers First it would be ...View the full answer

College Accounting A Contemporary Approach

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