| Asset Accounts | Liability Accounts | Equity Accounts | ||||||||
| Acct # | Acct # | Acct # | ||||||||
| Cash | 101 | Notes Payable | 201 | Common Stock | 301 | |||||
| Baking Supplies | 102 | Accounts Payable | 202 | Dividends | 302 | |||||
| Prepaid Rent | 103 | Wages Payable | 203 | |||||||
| Prepaid Insurance | 104 | Interest Payable | 204 | |||||||
| Baking Equipment | 105 | |||||||||
| Misc. Supplies | 106 | |||||||||
| Accounts Receivable | 107 | |||||||||
| Accumulated Depreciation | 108 | |||||||||
| Revenue Accounts | ||||||||||
| This chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page, this is simply a resource for you. |
Acct # | |||||||||
| Bakery Sales | 401 | |||||||||
| Merchandise Sales | 402 | |||||||||
| Expense Accounts | ||||||||||
| Acct # | ||||||||||
| Baking Supplies Expense | 501 | |||||||||
| Rent Expense | 502 | |||||||||
| Insurance Expense | 503 | |||||||||
| Misc. Expense | 504 | |||||||||
| Business License Expense | 505 | |||||||||
| Advertising Expense | 506 | |||||||||
| Wages Expense | 507 | |||||||||
| Telephone Expense | 508 | |||||||||
| Interest Expense | 509 | |||||||||
| Depreciation Expense | 510 | |||||||||
