The chart of accounts is a listing of the accounts presently having balances in the general ledger. True or False?

False.

Chart of account is listing of all account codes with name. The accounts listed may or may not have balance, thats doesnot matter here.

FALSE.

the Chart of Accounts does NOT contain any entries or accounts balances.

the accounts with zero balances and NO entries are not included in the GL.

any given account in the chart of accounts does not have to have a balance in the trail Balance or the general ledger.