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    Chart of Accounts: 1 1 - Assets

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    SebastianDjoni
    This document is a chart of accounts for a company using US GAAP accounting standards. It lists account names and codes organized by the standard general ledger account categories of assets, liabilities, equity, revenues, and expenses. Some key points: - Assets are broken into current assets like cash, receivables, inventory and long-term assets like property, equipment, and investments - Liabilities separate current obligations like accounts payable from long-term debt and lease obligations - Equity accounts track owners' capital, retained earnings and other comprehensive income - Revenue accounts include sales, gains and other income while expenses cover costs, losses and other outflows

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

    Chart of Accounts: 1 1 - Assets

    Uploaded by

    SebastianDjoni
    266 views5 pages
    This document is a chart of accounts for a company using US GAAP accounting standards. It lists account names and codes organized by the standard general ledger account categories of assets, liabilities, equity, revenues, and expenses. Some key points: - Assets are broken into current assets like cash, receivables, inventory and long-term assets like property, equipment, and investments - Liabilities separate current obligations like accounts payable from long-term debt and lease obligations - Equity accounts track owners' capital, retained earnings and other comprehensive income - Revenue accounts include sales, gains and other income while expenses cover costs, losses and other outflows

    Original Description:

    GAAP table

    Original Title

    GAAP

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    This document is a chart of accounts for a company using US GAAP accounting standards. It lists account names and codes organized by the standard general ledger account categories of assets, liabilities, equity, revenues, and expenses. Some key points: - Assets are broken into current assets like cash, receivables, inventory and long-term assets like property, equipment, and investments - Liabilities separate current obligations like accounts payable from long-term debt and lease obligations - Equity accounts track owners' capital, retained earnings and other comprehensive income - Revenue accounts include sales, gains and other income while expenses cover costs, losses and other outflows

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    266 views5 pages

    Chart of Accounts: 1 1 - Assets

    Uploaded by

    SebastianDjoni
    This document is a chart of accounts for a company using US GAAP accounting standards. It lists account names and codes organized by the standard general ledger account categories of assets, liabilities, equity, revenues, and expenses. Some key points: - Assets are broken into current assets like cash, receivables, inventory and long-term assets like property, equipment, and investments - Liabilities separate current obligations like accounts payable from long-term debt and lease obligations - Equity accounts track owners' capital, retained earnings and other comprehensive income - Revenue accounts include sales, gains and other income while expenses cover costs, losses and other outflows

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    The document shows a chart of accounts for a company with various asset, liability, equity, revenue and expense accounts.

    The chart of accounts lists various accounts grouped by assets, liabilities, equity, revenues and expenses and shows their account codes and names.

    Examples of asset accounts include cash, receivables and inventory. Examples of liability accounts include accounts payable and notes payable. Partners' capital is an example of an equity account.

    Chart of Accounts US 8-digit GAAP

    Print Out Date: 01/28/2013 01:37 am delta.frontaccounting.com


    Fiscal Year: 01/01/2013 - 12/31/2013 (Active) Technical support frontaccounting.com
    Page 1

    Account Account Name Account Code Balance

    1 1 - Assets
    11 11 - Current Assets

    1101 1101 - Cash and Cash Equivalent (11 - Current Assets)


    11011001 Bank Account
    11012001 Cash
    11013001 Petty Cash
    11014001 Cash Restricted to Current Bond Maturity
    1102 1102 - Short-Term Investments (11 - Current Assets)
    11020001 Marketable Equity Securities ( Trading )
    11020002 Marketable Debt Securities ( Available for Sale )
    1103 1103 - Receivables (11 - Current Assets)

    11031 11031 - Accounts Receivable (1103 - Receivables (11 - Current Assets))


    11031001 Accounts Receivables
    11031002 Allowance for Uncollectible Accounts
    11032 11032 - Notes Receivable (1103 - Receivables (11 - Current Assets))
    11032001 Notes Receivable Due in Current Year
    11032002 Discounts on Notes Receivable of Current Year
    11032003 Installment Notes Receivable Due in Upcoming Year
    11033 11033 - Affiliate Companies (1103 - Receivables (11 - Current Assets))
    11033001 Receivables From Affiliates
    11034 11034 - Officers and Employees (1103 - Receivables (11 - Current Assets))
    11034001 Advances to Employees
    11035 11035 - Other Receivables (1103 - Receivables (11 - Current Assets))
    11035001 Refundable Income Taxes
    11035002 Interest Receivable
    11035003 Creditors' Accounts with Debit Balances
    1104 1104 - Inventories (11 - Current Assets)
    11040001 Finished Goods
    11040002 Work in Process
    11040003 Raw Materials
    1105 1105 - Prepaid Expenses and Deposits (11 - Current Assets)
    11050001 Prepaid Rent
    11050002 Prepaid Insurance
    12 12 - None Current Assets

    1201 1201 - Long-Term Investments (12 - None Current Assets)

    12011 12011 - Debit & Equity Securties (1201 - Long-Term Investments (12 - None Current Assets))
    12011001 Investments in Equity Securities (Available for Sale )
    12011002 Investments in Bonds ( Held to Maturity )
    12011003 Investments in Equity Securities (Cost+Equity Since Acq. )
    12012 12012 - Tangible Assets Not Used In Operations (1201 - Long-Term Investments (12 - None Current Assets))
    12012001 Investments in Unused Land and Facilities
    12013 12013 - Investments Held in Special Funds (1201 - Long-Term Investments (12 - None Current Assets))
    12013001 Cash Surrender Value of Officers' Life Insurance Polici
    12013002 Sinking Fund for Bond Retirement
    12013003 Plant Expansion Fund
    1202 1202 - Properties , Plant and Equipment (12 - None Current Assets)
    12020001 Land
    Chart of Accounts US 8-digit GAAP
    Print Out Date: 01/28/2013 01:37 am delta.frontaccounting.com
    Fiscal Year: 01/01/2013 - 12/31/2013 (Active) Technical support frontaccounting.com
    Page 2

    Account Account Name Account Code Balance

    12020010 Buildings
    12020011 Accumulated Depreciation - Buildings
    12020020 Machinery and Equipment
    12020021 Accumulated Depreciation - Machinery and Equipment
    12020030 Furniture and Fixtures
    12020031 Accumulated Depreciation - Furniture and Fixtures
    12020040 Assets Under Capital Leases
    12020041 Accumulated Depreciation - Assets Under Capital Leases
    12020050 Leasehold Imporvements
    12020051 Accumulated Depreciation - Leasehold Imporvements
    1203 1203 - Intangible Assets (12 - None Current Assets)
    12030001 Goodwill of Acquired Businesses
    12030002 Patents
    12030003 Trademarks
    1209 1209 - Other Assets (12 - None Current Assets)

    12091 12091 - Long-term Prepaid Expenses (1209 - Other Assets (12 - None Current Assets))
    12091001 Unamortized Bond Issue Costs
    12093 12093 - Deferred Taxes (1209 - Other Assets (12 - None Current Assets))
    12093001 Deferred Income Taxes - Asset
    12094 12094 - Nonecurrent Receivables (1209 - Other Assets (12 - None Current Assets))
    12094001 Installment Notes Due After the Upcoming Year

    2 2 - Liabilities
    21 21 - Current Liabilities

    2101 2101 - Accounts Payable (21 - Current Liabilities)


    21010001 Accounts Payable
    2102 2102 - Notes Payble (21 - Current Liabilities)
    21020001 Commercial Paper and Other Short-term Notes Payable
    2106 2106 - Dividends Payable (21 - Current Liabilities)
    21060001 Dividends Payable
    2107 2107 - Advances and Deposits (21 - Current Liabilities)
    21070001 Rent Revenue Collected in Advance
    21070002 Other Advances From Customers
    2108 2108 - Agency Collections and Withholdings (21 - Current Liabilities)
    21080001 Payroll Taxes Withheld and Accrued
    21080002 Employee Contributions Withheld
    21080003 Sales Taxes Payable
    21080004 Purchase Taxes Payable
    2109 2109 - Current Portion of Long-Term Debts (21 - Current Liabilities)
    21090001 Current Maturities of Long-term Debit
    21090002 Current Maturities of Capital Lease Obligations
    21090003 Short-term Portion of Accrued Warranty Costs
    2110 2110 - Short-term Accrued Expenses (21 - Current Liabilities)
    21100001 Accrued Salaries , Wages and Commissions
    21100002 Accrued Rent
    21100003 Income Taxes Payable
    21100004 Purchase Tax Payable
    21100005 Sales Tax Payable
    22 22 - None Current Liabilities
    Chart of Accounts US 8-digit GAAP
    Print Out Date: 01/28/2013 01:37 am delta.frontaccounting.com
    Fiscal Year: 01/01/2013 - 12/31/2013 (Active) Technical support frontaccounting.com
    Page 3

    Account Account Name Account Code Balance

    2201 2201 - Long-term Loans , Notes and Bonds Payable (22 - None Current Liabilities)
    22010001 Notes Payable Due After the Upcoming Year
    22010002 Unamortized Note Premium
    22010010 Long-term Bonds
    22010011 Unamortized Discounts Net of Premium
    2202 2202 - Lease Obligations (22 - None Current Liabilities)
    22020001 Capital Lease Obligations
    2203 2203 - Long-term Accrued Expenses (22 - None Current Liabilities)
    22030001 Accrued Pension Cost
    2204 2204 - Contingent Obligations (22 - None Current Liabilities)
    22040001 Asset Retirement Obligations
    22040002 Long-term Portion of Accrued Warranty Costs
    2206 2206 - Other Noncurrent Liabilities (22 - None Current Liabilities)
    22060001 Deferred Income Taxes - Liability

    3 3 - Owners' or Stockholders' Equity


    31 31 - Partners' or Owners' Capital

    3101 3101 - Partners' Capital (31 - Partners' or Owners' Capital)


    31010001 Partner A Capital
    35 35 - Stockholders' Capital

    39 39 - Retained Earnings & Other Income

    3901 3901 - Retained Earnings (39 - Retained Earnings & Other Income)
    39010001 Profit & Loss - Current Year
    39010002 Retained Earnings - Prior Years
    3902 3902 - Accumulated Other Comprehensive Income (39 - Retained Earnings & Other Income)
    39020001 Unrealized Loss on Available-for-sale Securities
    39020002 Unrealized Loss from Foreign Currency Translation

    41 41 - Sales or Service Revenues


    4101 4101 - Sales or Services Revenues
    41010001 Sales
    41010002 Sales Discounts
    41010003 Sales Returns and Allowances

    52 52 - Gains and Losses


    5201 5201 - Gains
    52010001 Gains of Sale of Used Equipments
    52010002 Holding Gains on Securities
    52010003 Lawsuit Settlement (Gain)
    5202 5202 - Losses
    52020001 Losses of Sale of Used Equipment
    52020002 Lawsuit Settlement (Loss)
    52020003 Fines
    52020004 Thefts

    53 53 - Other Revenues and Other Expenses


    5301 5301 - Other Revenues
    53011001 Interest Revenue
    Chart of Accounts US 8-digit GAAP
    Print Out Date: 01/28/2013 01:37 am delta.frontaccounting.com
    Fiscal Year: 01/01/2013 - 12/31/2013 (Active) Technical support frontaccounting.com
    Page 4

    Account Account Name Account Code Balance

    53012001 Foreign Exchange Gain


    5302 5302 - Other Expenses
    53021001 Interest Expenses

    42 42 - Cost of Goods or Services Sold


    4201 4201 - Direct Raw Material
    42010001 Direct Raw Material Inventory ( Variance )
    42011001 Purchases of Direct Raw Material
    42011002 Purchases Return of Direct Raw Material
    42011003 Purchases Discount of Raw Material
    42012001 Fright In of Raw Material
    4202 4202 - Direct Labor
    42020001 Direct Labor
    4203 4203 - Manufacturing Overhead
    42031001 Depreciation of Factory Equipments
    42032001 Utilities of Manufacturing
    42033001 Indirect Factory Labor
    42034001 Indirect Materials
    42035001 Other Overheads Items
    4204 4204 - Work In Process
    42040001 Work In Process ( Variance )
    4205 4205 - Finished Products (Inventory)
    42050001 Finished Products ( Variance )
    4209 4209 - Cost of Goods or Services Sold (Perpetual)
    42090001 Cost of Goods or Services Sold (Perpetual)

    51 51 - Operating Expenses
    5101 5101 - Selling Expenses
    51011001 Sales Salaries
    51012001 Commissions
    51013001 Advertising Expense
    51014001 Delivery Expense
    51015001 Selling Supplies Expense
    51016001 Depreciation of Store Furniture and Equipment
    5102 5102 - General and Administrative Expenses
    51021001 Officers' Salaries
    51022001 Office Salaries
    51023001 Bad Debts Expense
    51024001 office Supplies Expense
    51025001 Depreciation of Office Furniture and Fixtures
    51026001 Depreciation of Buildings
    51027001 Insurance Expense
    51028001 Utilities Expenses

    54 54 - Unusual or Infrequent
    5401 5401 - Unusual or Infrequent
    54010001 Loss From Permanent Impairment of Value of Manuf. Facility

    55 55 - Goodwill Impairment
    5501 5501 - Goodwill Impairment
    55010001 Goodwill Impairment Loss
    Chart of Accounts US 8-digit GAAP
    Print Out Date: 01/28/2013 01:37 am delta.frontaccounting.com
    Fiscal Year: 01/01/2013 - 12/31/2013 (Active) Technical support frontaccounting.com
    Page 5

    Account Account Name Account Code Balance

    56 56 - Income Tax Expense


    5601 5601 - income Tax Expense
    56010001 Income Tax Applicable to Continuing Operations

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