The Chart of Accounts is the complete list and layout of the ledger accounts used by a business
Ledger account categories include asset, liability, equity, revenue and expense types. Sub categories further classify these types.
Accordingly, each ledger account has a number. This number is a sequential code so the type, category or sub-category of account is clear.
The image on this page shows a MYOB accounting software Chart of Accounts, tailored to a model business called Clearwater.