| Order/Entry: |
Debits: |
Credits: |
Type of Account: |
| Receivable Acct when posting An Order: |
130-00 |
|
Asset |
| Revenue Acct. when posting an order: |
|
400-00 |
Revenue |
| Freight Acct. When posting an order: |
|
406-00 |
Revenue |
| Sales tax Acct. when posting an order: |
|
220-00 |
Liability |
| Costs of Goods Sold when posting an order: |
506-00 |
|
Expense |
| Inventory Acct. when posting an order: |
140-00 |
|
Expense |
|
|
|
|
| Inventory: |
|
|
|
| Depreciation expense when depreciating an item: |
|
|
|
| Accumulated depreciation when depreciating an item: |
|
|
|
| Adjustment acct. when post physical count: |
505-00 |
|
Expense |
| Inventory acct. when post physical count: |
|
140-00 |
Asset |
| Adjustment acct. when posting adjustments: |
505-00 |
|
Expense |
| Inventory acct. when posting adjustments: |
|
140-00 |
|
|
|
|
|
| Accounts Receivable: |
|
|
|
| Cash received acct. when posting payments: |
101-00 |
|
Asset |
| Non-Allowed acct. when posting payments: |
523-00 |
|
Expense |
| Adjustment acct. when posting payments: |
550-00 |
|
Expense |
| Receivable Acct. when posting payments: |
|
130-00 |
Asset |
| Cash received acct. when posting deposits: |
101-00 |
|
Asset |
| Customer Deposit acct. when posting deposits: |
|
205-00 |
Liability |
| Receivable acct. when posting a finance: |
130-00 |
|
Asset |
| Revenue acct. when posting a finance: |
|
405-00 |
Revenue |
|
|
|
|
| Accounts Payable: |
|
|
|
| Expense Acct. when posting an invoice: |
??? |
|
|
| Payables acct. when posting an invoice: |
|
200-00 |
Liability |
| Payables acct. when posting a payment: |
200-00 |
|
Liability |
| Checking acct. when posting a payment: |
|
101-00 |
Asset |
| Discount acct. when posting a payment: |
|
101-00 |
Asset |
|
|
|
|
| General Ledger: |
|
|
|
| Expense acct. when different from Revenue: |
??? |
|
|
| Revenue acct. when different from Expense: |
|
??? |
|
| Income Summary when revenue is different from total: |
|
399-00 |
Equity |
| income summary when closing ledger year: |
399-00 |
|
Equity |
| Retained earnings when closing ledger year: |
|
320-00 |
Equity |
