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Structure of Chart of Accounts Primary accounts such as assets, liabilities, shareholders' equity, revenue, and expenses can be further divided into sub-accounts. These sub-accounts include operating revenues, operating expenses, non-operating revenues, and non-operating losses.
The chart of accounts (CoA) is an index of all financial accounts in a company's general ledger. There are 5 major account types in the CoA: assets, liabilities, equity, income, and expenses.
The Uniform Chart of Accounts is designed to serve basic legislative, budgetary, and accounting objectives. In addition, it provides a means for local units to meet additional legal requirements of the unit for budgeting and uniform accounting and reporting, regardless of the size of the unit.
Uniform chart of accounts means a list of depart- ment established account titles and related code numbers that providers must use when reporting costs.
The Uniform System of Accounts (USOA) is the basic reference document for the National Transit Database. It contains the accounting structure required by Federal Transit laws (previously Section 15 of the Federal Transit Act).