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    Assets

    Uploaded by

    janiceangoluan0101
    account titles

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Assets

    Uploaded by

    janiceangoluan0101
    6 views3 pages
    account titles

    Original Title

    1. Assets

    Copyright

    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    account titles

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    6 views3 pages

    Assets

    Uploaded by

    janiceangoluan0101
    account titles

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    1.

    Assets

    Current Assets
    Cash and Cash Equivalents
    Cash on Hand
    Bank Accounts
    Short-term Investments
    Accounts Receivable
    Trade Receivables
    Allowance for Doubtful Accounts (Contra-Asset)
    Inventory
    Raw Materials
    Work in Progress
    Finished Goods
    Prepaid Expenses
    Prepaid Insurance
    Prepaid Rent
    Other Current Assets
    Marketable Securities
    Notes Receivable (Short-term)
    Accrued Income
    Non-Current Assets
    Property, Plant, and Equipment (PPE)
    Land
    Buildings
    Machinery
    Vehicles
    Furniture and Fixtures
    Accumulated Depreciation (Contra-Asset)
    Long-term Investments
    Equity Investments
    Bonds
    Intangible Assets
    Patents
    Trademarks
    Goodwill
    Copyrights
    Other Non-Current Assets
    Long-term Notes Receivable
    Deferred Tax Assets
    Investments in Subsidiaries
    Franchise Rights

    2. Liabilities

    Current Liabilities
    Accounts Payable
    Short-term Loans Payable
    Accrued Expenses
    Accrued Salaries
    Accrued Interest
    Accrued Taxes
    Unearned Revenue (Deferred Revenue)
    Current Portion of Long-term Debt
    Other Current Liabilities
    Notes Payable (Short-term)
    Income Tax Payable
    Dividends Payable
    Customer Deposits
    Non-Current Liabilities
    Long-term Debt
    Bonds Payable
    Mortgage Payable
    Loans Payable
    Deferred Tax Liabilities
    Other Non-Current Liabilities
    Pension Liabilities
    Lease Liabilities
    Warranty Liabilities
    Contingent Liabilities

    3. Owner’s Equity

    Capital Accounts
    Common Stock
    Preferred Stock
    Additional Paid-in Capital
    Retained Earnings
    Beginning Retained Earnings
    Net Income
    Dividends Declared
    Treasury Stock (Contra-Equity)
    Other Equity Accounts
    Accumulated Other Comprehensive Income
    Partner's Capital Accounts (for Partnerships)
    Owner's Drawings/Withdrawals (for Sole Proprietorships)

    4. Revenue

    Operating Revenue
    Sales Revenue
    Product Sales
    Service Revenue
    Less: Sales Returns and Allowances
    Less: Sales Discounts
    Service Revenue
    Non-Operating Revenue
    Interest Income
    Dividend Income
    Rental Income
    Gain on Sale of Assets
    Other Income (e.g., Commission, Royalties)

    5. Expenses

    Cost of Goods Sold (COGS)


    Direct Materials
    Direct Labor
    Manufacturing Overhead
    Freight-in
    Operating Expenses
    Administrative Expenses
    Salaries and Wages Expense
    Rent Expense
    Utilities Expense
    Office Supplies Expense
    Insurance Expense
    Depreciation Expense
    Amortization Expense
    Legal and Professional Fees
    Maintenance and Repairs Expense
    Licenses and Permits
    Selling Expenses
    Advertising Expense
    Marketing Expense
    Sales Commissions
    Freight-out
    Travel and Entertainment Expense
    Financial Expenses
    Interest Expense
    Bank Charges
    Other Expenses
    Loss on Sale of Assets
    Bad Debt Expense
    Taxes Expense (Income Tax, Property Tax)
    Miscellaneous Expenses (e.g., Charitable Contributions)

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