Chart Of Accounts-Summary Flashcards
Summary
Accounts Payable
Balance Sheet
Liabilities
Credit
Summary
Accounts Receivable
Balance Sheet
Assets
Debit
Summary
Accumulated Depreciation-Buildings
Balance Sheet
Assets
Credit
Summary
Accumulated Depreciation-Equipment
Balance Sheet
Assets
Credit
Summary
Administrative Expenses
Income Statement
Expenses
Debit
Summary
Allowance for Doubtful Accounts
Balance Sheet
Assets
Credit
Summary
Amortization Expense
Income Statement
Expenses
Debit
Summary
Bad Debts Expense
Income Statement
Expenses
Debit
Summary
Bonds Payable
Balance Sheet
Liabilities
Credit
Summary
Buildings
Balance Sheet
Assets
Debit
Summary
Cash
Balance Sheet
Assets
Debit
Summary
Common Stock
Balance Sheet
Stockholders’ Equity
Credit
Summary
Copyright
Balance Sheet
Assets
Debit
Summary
Cost of Goods Sold
Income Statement
Expenses
Debit
Summary
Depreciation Expense
Income Statement
Expenses
Debit
Summary
Discount on Bonds Payable
Balance Sheet
Liabilities
Debit
Summary
Dividends
Retained Earnings Statement
Stockholders’ Equity
Debit
Summary
Dividends Payable
Balance Sheet
Liabilities
Credit
Summary
Equipment
Balance Sheet
Assets
Debit
Summary
Freight-out
Income Statement
Expenses
Debit
Summary
Gain on Disposal of Plant Assets
Income Statement
Revenue
Credit
Summary
Goodwill
Balance Sheet
Assets
Debit
Summary
Income Summary
Not Applicable
Stockholders’ Equity
Credit -> Net Income
Debit -> Net Loss
Summary
Income Tax Expense
Income Statement
Expenses
Debit
Summary
Income Taxes Payable
Balance Sheet
Liabilities
Credit
Summary
Insurance Expense
Income Statement
Expenses
Debit
Summary
Interest Expense
Income-Statement
Expenses
Debit
Summary
Interest Payable
Balance Sheet
Liabilities
Credit
Summary
Interest Receivable
Balance Sheet
Assets
Debit
Summary
Interest Revenue
Income Statement
Revenue
Credit
Summary
Inventory(Non-Perodic System)
Balance Sheet
Assets
Debit
Summary
Inventory(Perodic System)
Balance Sheet Income Statement
Assets Expenses (COGS)
Debit Debit
Summary
Land
Balance Sheet
Assets
Debit
Summary
Loss on Disposal of Plant Assets
Income Statement
Expenses
Debit
Summary
Maintenance and Repairs Expense
Income Statement
Expenses
Debit
Summary
Mortgage Payable
Balance Sheet
Liabilities
Credit
Summary
Notes Payable
Balance Sheet
Liabilities
Credit
Summary
Patent
Balance Sheet
Assets
Debit
Summary
Paid-in Capital in Excess of Par Value-Common Stock
Balance Sheet
Stockholders’ Equity
Credit
Summary
Paid-in Capitalin Excess of Par Value-Preferred Stock
Balance Sheet
Stockholders’ Equity
Credit
Summary
Preferred Stock
Balance Sheet
Stockholders’ Equity
Credit
Summary
Premium on Bonds Payable
Balance Sheet
Liabilities
Credit
Summary
Prepaid Insurance
Balance Sheet
Assets
Debit
Summary
Prepaid Rent
Balance Sheet
Assets
Debit
Summary
Rent Expense
Income Statement
Expenses
Debit
Summary
Retained Earnings
Balance Sheet and Retained Credit Earnings Statement
Stockholders’ Equity
Credit
Summary
Salaries and Wages Expense
Income Statement
Expenses
Debit
Summary
Salaries and Wages Payable
Balance Sheet
Liabilities
Credit
Summary
Sales Discounts
Income Statement
Revenue
Debit
Summary
Sales Returns and Allowances
Income Statement
Revenue
Debit
Summary
Sales Revenue
Income Statement
Revenue
Credit
Summary
Selling Expenses
Income Statement
Expenses
Debit
Summary
Service Revenue
Income Statement
Revenue
Credit
Summary
Short-Term Investments
Balance Sheet
Assets
Debit
Summary
Supplies
Balance Sheet
Assets
Debit
Summary
Supplies Expense
Income Statement
Expenses
Debit
Summary
Treasury Stock-Common
Balance Sheet
Stockholders’ Equity
Debit
Summary
Unearned Service Revenue
Balance Sheet
Liabilities
Credit
Summary
Utilities Expense
Income Statement
Expenses
Debit
