ACC 221 Account Types
Liability
Account Type: Accounts Payable
Asset
Account Type: Accounts Receivable
Contra Asset
Account Type: Accumulated Depreciation
Asset
Account Type: Cash
Equity
Account Type: Common Stock
Expense
Account Type: Cost of Goods Sold
Expense
Account Type: Depreciation Expense
Dividend
Account Type: Dividend
Liability
Account Type: Dividend Payable
Asset
Account Type: Equipment
Expense
Account Type: Interest Expense
Liability
Account Type: Interest Payable
Asset
Account Type: Inventory
Liability
Account Type: Note Payable
Expense
Account Type: Rental Expenses
Expense
Account Type: Repair Expenses
Equity
Account Type: Retained Earnings
Revenue
Account Type: Service Revenue
Asset
Account Type: Supplies
Expense
Account Type: Supplies Expense
Liability
Account Type: Unearned Revenue
Expense
Account Type: Wages Expense
Liability
Account Type: Wages Payable
Revenue - All Expense Accounts
How to calculate Net Income
Assets Liabilities Equity Accumulated Depreciation
What accounts are shown on the Balance Sheet?
Revenue and Expenses
What accounts are shown on the income statement?
All Accounts
What accounts are shown on the post closing trial balance?
All Accounts
What accounts are shown on the trial balance?
