Main Account Types & Common Accounts

Cash

Asset

Petty Cash

Asset

Accounts Receivable

Asset

Inventory

Asset

Supplies

Asset

Prepaid Insurance

Asset

Prepaid Rent

Asset

Equipment

Asset

Furniture

Asset

Vehicles

Asset

Land

Asset

Buildings

Asset

Office Equipment

Asset

Computer Equipment

Asset

Accumulated Depreciation**

Asset

Allowance for Doubtful Accounts**

Asset

Notes Receivable*

Asset

Interest Receivable*

Asset

Prepaid Expenses*

Asset

Long-Term Investments*

Asset

Accumulated Amortization**

Asset

Accounts Payable

Liability

Notes Payable

Liability

Wages Payable

Liability

Salaries Payable

Liability

Interest Payable

Liability

Unearned Revenue

Liability

Deferred Revenue

Liability

Taxes Payable

Liability

Sales Tax Payable

Liability

Payroll Taxes Payable

Liability

Accrued Expenses*

Liability

Accrued Liabilities*

Liability

Mortgage Payable*

Liability

Bonds Payable*

Liability

Unearned Service Revenue*

Liability

Discount on Bonds Payable**

Liability

Common Stock

Equity

Retained Earnings

Equity

Dividends

Equity

Owner's Capital

Equity

Owner's Draw

Equity

Paid-in Capital*

Equity

Additional Paid-in Capital*

Equity

Treasury Stock**

Equity

Accumulated Other Comprehensive Income*

Equity

Sales Revenue

Revenue

Service Revenue

Revenue

Consulting Revenue

Revenue

Fees Earned

Revenue

Interest Revenue

Revenue

Commission Revenue

Revenue

Rental Revenue*

Revenue

Gain on Sale of Assets*

Revenue

Dividend Revenue*

Revenue

Sales Returns and Allowances**

Revenue

Sales Discounts**

Revenue

Rent Expense

Expense

Utilities Expense

Expense

Wages Expense

Expense

Salaries Expense

Expense

Insurance Expense

Expense

Supplies Expense

Expense

Advertising Expense

Expense

Depreciation Expense

Expense

Maintenance Expense

Expense

Repairs Expense

Expense

Interest Expense

Expense

Office Expense

Expense

Cost of Goods Sold*

Expense

Bad Debt Expense*

Expense

Amortization Expense*

Expense

Loss on Sale of Assets*

Expense