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    Debit Credit 100 Asset Accounts: 200 Liability Accounts

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    Anonymous RbkgTBn1K3
    This document outlines the basic structure of asset and liability accounts in accounting. It lists asset accounts such as cash, accounts receivable, inventory, and fixed assets that are debited and liability accounts such as accounts payable, accrued expenses, taxes payable, and notes payable that are credited. The document provides a basic overview of general ledger accounts.

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    Debit Credit 100 Asset Accounts: 200 Liability Accounts

    Uploaded by

    Anonymous RbkgTBn1K3
    10 views1 page
    This document outlines the basic structure of asset and liability accounts in accounting. It lists asset accounts such as cash, accounts receivable, inventory, and fixed assets that are debited and liability accounts such as accounts payable, accrued expenses, taxes payable, and notes payable that are credited. The document provides a basic overview of general ledger accounts.

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    This document outlines the basic structure of asset and liability accounts in accounting. It lists asset accounts such as cash, accounts receivable, inventory, and fixed assets that are debited and liability accounts such as accounts payable, accrued expenses, taxes payable, and notes payable that are credited. The document provides a basic overview of general ledger accounts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    10 views1 page

    Debit Credit 100 Asset Accounts: 200 Liability Accounts

    Uploaded by

    Anonymous RbkgTBn1K3
    This document outlines the basic structure of asset and liability accounts in accounting. It lists asset accounts such as cash, accounts receivable, inventory, and fixed assets that are debited and liability accounts such as accounts payable, accrued expenses, taxes payable, and notes payable that are credited. The document provides a basic overview of general ledger accounts.

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    © All Rights Reserved
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    DEBIT CREDIT
    100 Asset Accounts: 200 Liability accounts:
     110 Cash  210 Accounts payable
     111 Accounts Receivable  211 Accrued payable
     112 Prepaid Expenses  212 Taxes payable
     113 Inventory  213 Payroll payable
     114 Fixed Assets  214 Notes payable
     115 Notes receivable  215 Salaries payable
     116 Supplies  216 unearned rent
     117 Equipment
     118 Accumulated Depreciation
     119 Property Plant and Equipment

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