Asset Accounts
Current Assets
1001 Cash in Bank 1003 Petty Cash Account 1005 Inventory 1008 Accounts Receivable 1012 Prepaid Expense Long Term Assets
1200 Land 1300 Buildings 1301 Accumulated Depreciation, Buildings 1400 Vehicles 1401 Accumulated Depreciation, Vehicles 1600 Shop Equipment 1601 Accumulated Depreciation, Shop Equipment 1700 Office Equipment 1701 Accumulated Depreciation, Office Equipment Other Assets
1800 Deposits
Liability Accounts
Current Liabilities
2002 Accounts Payable 2100 Employment Tax Payable 2300 Short Term Loans Payable 2350 Customer Deposits 2385 Current Portion of Long Term Debt 2400 Suspense Long Term Liabilities
2501 Land Payable 2505 Equipment Payable 2510 Vehicles Payable 2514 Bank Loans payable 2551 Less Current Portion LTD 2750 Paid in Capital 2825 Beginning Equity 2830 Partners Contribution 2835 Partners Draw Sales Accounts
3010 Frame Sales 3015 Other Sales Direct Expense Accounts
4010 Shop or Design Labor 4015 Payroll Tax Expense 4023 Workers Comp Expense 4027 State Sales Tax Expense 4101 Materials 4200 Freight 4326 Engineering 4510 Outside Services 4550 Shop or Design Supplies 4647 Rental Expense 4700 Repair and Maintenance 4809 Small Tools 4830 Travel 4843 Lodging 4849 Meals Indirect Expense Accounts (Overhead)
5010 Salaries & Wages, Office & Sales 5015 Payroll Tax Expense, Office & Sales 5023 Workers Comp Expense, Office & Sales 5300 Accounting 5312 Advertising 5330 Bank Fees 5341 Depreciation Expense 5345 Dues and Subscriptions 5353 Insurance: Product Liability 5355 Insurance: Vehicles 5358 Legal Fees 5550 Office Supplies 5600 Postage 5618 Research and Development 5700 Repair and Maintenance, Office 5762 Taxes and Licenses 5775 Telephone 5813 Training 5820 Utilities Other Accounts
7050 Interest Income 7100 Cash Discounts 7200 Gain or Loss on Sale of Assets 8020 Interest Expense
