Chart of Accounts.

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Presentation transcript:

Chart of Accounts

A list of accounts used by a business. Chart of Accounts A list of accounts used by a business.

A list of accounts used by a business. Chart of Accounts Balance Sheet Accounts Income Statement Accounts A list of accounts used by a business.

A list of accounts used by a business. Assets (100) Chart of Accounts Liabilities (200) Balance Sheet Accounts Income Statement Accounts A list of accounts used by a business. Owner’s Equity (300)

A list of accounts used by a business. Cash must be 110 Assets (100) Chart of Accounts Liabilities (200) Balance Sheet Accounts Income Statement Accounts A list of accounts used by a business. Owner’s Equity (300) Capital 310 Drawing 320

A list of accounts used by a business. Cash must be 110 Revenue (400) Assets (100) Chart of Accounts Liabilities (200) Balance Sheet Accounts Income Statement Accounts A list of accounts used by a business. Owner’s Equity (300) Expenses (500) Capital 310 Drawing 320

A list of accounts used by a business. Cash must be 110 Revenue (400) Assets (100) Chart of Accounts Liabilities (200) Balance Sheet Accounts Income Statement Accounts A list of accounts used by a business. Owner’s Equity (300) Expenses (500) Capital 310 Drawing 320