Chart of Accounts plus Accounting Cycle.docx - TYPICAL CHART OF ACCOUNTS ASSETS o Accounts Receivable o Accumulated Depletion o Accumulated

TYPICAL CHART OF ACCOUNTSASSETSoAccounts ReceivableoAccumulated DepletionoAccumulated DepreciationoAllowance for Doubtful AccountsoAllowance to Adjust Available-For-Sale Securities to MarketoAllowance to AdjustoTrading Securities to MarketoBuildings Cash Copyright EquipmentoFinished Goods InventoryoFranchise Furniture GoodwilloInterest Receivable Inventory InvestmentsoInvestments-Available- For-Sale SecuritiesoInvestments-Equity MethodoInvestments-Trading SecuritiesoLandoLeasehold Improvements Natural ResourcesoNotes Receivable Other Assets PatentoPetty CashoPrepaid AdvertisingoPrepaid InsuranceoPrepaid RentoPrepaid Repairs & MaintenanceoPrepaid Security ServicesoRaw Materials InventoryoRentReceivableoSuppliesoTax Refund ReceivableoTrademarkoTrucksoWork-in-Process InventoryLIABILITIESAccounts PayableBonds PayableCapital Lease Liability Charitable ContributionsCommissions Payable Discount on Bonds PayableDiscount on Notes PayableDividends PayableExcise Taxes PayableIncome Taxes PayableInterest PayableLawsuit PayableLeased AssetsLease Liability Medicare TaxesPayable Notes PayablePremium on Bonds PayablePremium on Notes PayableProperty Taxes Payable Rent Payable

Repairs & Maintenance PayableRoyalties PayableSalaries PayableSales Taxes PayableSocial Security TaxesPayable Unearned RentRevenue Unearned SalesRevenue Unearned ServiceRevenue Unemployment TaxesPayableUnion Dues PayableUtilities PayableWages PayableWarranty LiabilityoStockholders’ EquityAccumulated Other Comprehensive Income