Chart of accounts

General outline

General outline of chart of accounts

Group	To be used in	Category
Balance Sheet Accounts	Balance sheet	Asset Accounts
		Liabilities
		Owner's Equity Accounts
Profit & Loss Accounts	Income statement	Revenue Accounts
		Expense Accounts

Examples

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

Balance Sheet Accounts

Example of chart of balance sheet accounts for sole proprietorship or partnership

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

Equity Accounts (for corporations)

300Dividend 310Capital in excess of par 330Retained earnings