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State of Alaska Supplement Page 1 of 64 /Department of Education & Early Development
Bond Reimbursement & Grant Review Committee
School SpaceSUBCOMMITTEE REPORT
December 1, 2022,
Mission Statement
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How to fill out uniform chart of accounts
How to fill out uniform chart of accounts
01
Understand the categories and subcategories listed in the uniform chart of accounts.
02
Assign appropriate account numbers for each category and subcategory based on your organization's needs.
03
Record all financial transactions using the assigned account numbers in the uniform chart of accounts.
04
Review and update the chart of accounts regularly to ensure accuracy and relevance.
Who needs uniform chart of accounts?
01
Businesses of all sizes
02
Non-profit organizations
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Government agencies
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Accounting professionals
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What is uniform chart of accounts?
The uniform chart of accounts is a standardized chart of accounts that provides a framework for organizing financial information.
Who is required to file uniform chart of accounts?
Certain organizations such as businesses, government agencies, and non-profit organizations are required to file uniform chart of accounts.
How to fill out uniform chart of accounts?
To fill out the uniform chart of accounts, organizations need to categorize their financial transactions according to the standardized chart of accounts provided.
What is the purpose of uniform chart of accounts?
The purpose of the uniform chart of accounts is to streamline financial reporting and ensure consistency in how financial information is organized.
What information must be reported on uniform chart of accounts?
Financial information such as revenues, expenses, assets, liabilities, and equity must be reported on the uniform chart of accounts.
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