Chart of accounts

Examples

Simple chart of accounts

The charts below are just examples; no general standard exists in GAAP.

Example of chart of accounts for sole proprietorship or partnership

Group	To be used in	Category	Account code	Account name
Balance Sheet Accounts	Balance sheet	Asset Accounts	101	Bank (or Cash at Bank)
			102	Cash
			108	Deferred Expense
			112	Accounts Receivable
			116	Supplies
			130	Prepaid Insurance
			157	Equipment
			158	Accumulated Depreciation Equipment
			199	Other Assets
		Liabilities	200	Notes Payable
			201	Accounts Payable
			209	Unearned Service Revenue
			230	Interest Payable
			231	Deferred Gross Profit
			299	Other Liabilities
		Owner's Equity Accounts	300	Owner's capital
			311	Share Capital-Ordinary
			320	Retained Earnings
			330	Capital contributions
			332	Dividends
			350	Income Summary
			360	Drawings (Distributions)

Profit & Loss AccountsIncome statementRevenue411Delivery Fees EarnedExpenses511Salaries Expense512Advertising Expense513Gas Expense514Office Supplies Expense515Telephone Expense

400Rental Income 410Sales Income 420Interest Income 499Other Income 570Office Expense 585Computer Expenses 595Communication Expense 597Labour & Welfare Expenses 610Advertising Expenses 599Printing & Stationery Expenses 631Supplies Expense 711Depreciation Expense 722Insurance Expense 726Salaries and Wages Expense 729Rent Expense 732Utilities Expense 805Interest Expense 999Other Expenses

Equity Accounts (for corporations)

300Dividend 310Capital in excess of par 330Retained earnings