What Account Group is this G/L account assigned to?

00 (Capital Asset Account)

Is this account a Profit and Loss Statement or a Balance Sheet Account?

Balance Sheet Account
What is the account currency in US00?
USD
What is the differences to the German GBI Company Code (DE00)?
The German GBI Company Code is more detailed and stricter compared to other company
codes. It covers more areas of how a company should operate. It also puts more emphasis
on making the company transparent and accountable, and protecting the rights of the
shareholders. The rules in the GBI Code are more specific than the rules in other company
codes.

Record information about the G/L Account:

G/L Account Number G/L Account Name

200100 Inventory-finished goods

300000 Payables-trade accounts

310000 Good receipt/Invoice receipt account

600000 Sales revenue

700000 Labor expense

720300 Semi-finished consumption expense

740300 Rent expense

741500 Utilities(electricity phone) expenses

770000 Research and development