Balance Sheet and Income Statement Accounts Overview

Cash

Asset, Balance Sheet, Debit, Not Closed

Accounts Receivable

Asset, Balance Sheet, Debit, Not Closed

Rent Receivable

Asset, Balance Sheet, Debit, Not Closed

Interest Receivable

Asset, Balance Sheet, Debit, Not Closed

Inventory

Asset, Balance Sheet, Debit, Not Closed

Supplies

Asset, Balance Sheet, Debit, Not Closed

Prepaid Rent

Asset, Balance Sheet, Debit, Not Closed

Prepaid Insurance

Asset, Balance Sheet, Debit, Not Closed

Prepaid Maintenance

Asset, Balance Sheet, Debit, Not Closed

Equipment

Asset, Balance Sheet, Debit, Not Closed

Accumulated Depreciation

Contra-Asset, Balance Sheet, Credit, Not Closed

Accounts Payable

Liability, Balance Sheet, Credit, Not Closed

Wages Payable

Liability, Balance Sheet, Credit, Not Closed

Interest Payable

Liability, Balance Sheet, Credit, Not Closed

Rent Payable

Liability, Balance Sheet, Credit, Not Closed

Note Payable

Liability, Balance Sheet, Credit, Not Closed

Unearned Revenue

Liability, Balance Sheet, Credit, Not Closed

Dividends Payable

Liability, Balance Sheet, Credit, Not Closed

Common Stock

Equity, Balance Sheet, Credit, Not Closed

Retained Earnings

Equity, Balance Sheet, Credit, Not Closed

Sales Revenue

Revenue, Income Statement, Credit, Closed

Service Revenue

Revenue, Income Statement, Credit, Closed

Cost of Goods Sold

Expense, Income Statement, Debit, Closed

Rent Expense

Expense, Income Statement, Debit, Closed

Wages Expense

Expense, Income Statement, Debit, Closed

Interest Expense

Expense, Income Statement, Debit, Closed

Supplies Expense

Expense, Income Statement, Debit, Closed

Truck Rental Expense

Expense, Income Statement, Debit, Closed

Insurance Expense

Expense, Income Statement, Debit, Closed

Maintenance Expense

Expense, Income Statement, Debit, Closed

Depreciation Expense

Expense, Income Statement, Debit, Closed