Account no.
|
Name
|
Type
|
1006
|
Bank
|
Asset
|
1112
|
Accounts Receivable
|
Asset
|
1113
|
Exchange on Foreign Receivables
|
Asset
|
1200
|
Inventory
|
Asset
|
1721
|
Equipment
|
Asset
|
1821
|
Accumulated Depreciation Equipment
|
Liability
|
2032
|
Accounts Payable
|
Liability
|
2034
|
Exchange on Foreign Payables
|
Liability
|
2040
|
Sales Tax Payable
|
Liability
|
2050
|
Income Tax Payable
|
Liability
|
3110
|
Proprietor’s Capital or Retained Earnings
|
Equity
|
3111
|
Proprietor’s Withdrawals or Salary
|
Expense
|
4000
|
Sales
|
Revenue
|
4999
|
Cash Discounts
|
Revenue
|
5000
|
Cost of Goods Sold
|
Expense
|
5110
|
Auto Supplies
|
Expense
|
5111
|
Office Supplies
|
Expense
|
5112
|
Courier
|
Expense
|
5113
|
Telephone
|
Expense
|
5114
|
Postage
|
Expense
|
5115
|
Banking Charges
|
Expense
|
5116
|
Meals and Entertainment
|
Expense
|
5117
|
Travelling
|
Expense
|
5118
|
Professional Fees
|
Expense
|
5119
|
Business Taxes and Licenses
|
Expense
|
5120
|
Charitable Donations
|
Expense
|
5121
|
Courses and Training
|
Expense
|
5122
|
Dues and Memberships
|
Expense
|
5123
|
Magazines and Books
|
Expense
|
5124
|
Promo and Gifts
|
Expense
|
6000
|
Rent on Building
|
Expense
|
6001
|
Business Use of Home
|
Expense
|
6002
|
Electricity
|
Expense
|
6003
|
Insurance
|
Expense
|
6004
|
Water
|
Expense
|
6005
|
Property Taxes
|
Expense
|
7121
|
Depreciation Equipment
|
Expense
|
7130
|
Gain/Loss Disposal of Assets
|
Expense
|
7820
|
Misc Income and Expense
|
Expense
|
9020
|
Gain/Loss Foreign Exchange
|
Expense
|
9110
|
Income Tax Current Year
|
Expense
|
9025
|
Bad Debts
|
Expense
|
9030
|
Purchase Discounts
|
Expense
|