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Accounting Project

This document contains a chart of accounts for Autoshield Auto Parts and Detailing Center with account numbers and titles organized into asset, liability, owner's equity, income/revenues, and expense sections. The asset section includes accounts for cash, investments, receivables, notes, advances to employees, land, and equipment. The liability section includes accounts for payables, notes payable, and mortgages payable. The owner's equity section includes an income summary and capital account. The income/revenues section includes accounts for miscellaneous income and sales. The expenses section includes accounts for depreciation, gas/oil, miscellaneous, repairs/maintenance, salaries, taxes/licenses, and utilities.

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Eden Grace Benenoso Arabes
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44 views1 page

Accounting Project

This document contains a chart of accounts for Autoshield Auto Parts and Detailing Center with account numbers and titles organized into asset, liability, owner's equity, income/revenues, and expense sections. The asset section includes accounts for cash, investments, receivables, notes, advances to employees, land, and equipment. The liability section includes accounts for payables, notes payable, and mortgages payable. The owner's equity section includes an income summary and capital account. The income/revenues section includes accounts for miscellaneous income and sales. The expenses section includes accounts for depreciation, gas/oil, miscellaneous, repairs/maintenance, salaries, taxes/licenses, and utilities.

Uploaded by

Eden Grace Benenoso Arabes
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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AUTOSHIELD

AUTO PARTS AND DETAILING CENTER

CHART OF ACCOUNTS

ACCOUNT ACCOUNT TITLE


NUMBER

ASSET
100 CASH ON HAND

101 CASH ON BANK

102 INVESTMENT IN TRADING SECURITIES

103 ACCOUNTS RECEIVABLE

104 NOTES RECEIVABLE

105 ADVANCES TO EMPLOYEES

106 LAND

1O7 EQUIPMENT

LIABILITIES
200 ACCOUNTS PAYABLE

201 NOTES PAYABLE

202 MORTAGE PAYABLE

OWNERS EQUITY

300 INCOME SUMMARY


301 MR. PERALTA CAPITAL

INCOME/REVENUES
400 MISCELLANEOUS INCOME

401 SALES INCOME

EXPENSES
500 DEPRECIATION EXPENSE

501 GAS AND OIL EXPENSE

502 MISCELLENEOUS EXPENSE

503 REPAIR AND MAINTENANCE

504 SALARIES EXPENSE

505 TAXES AND LICENSES

506 UTILITIES EXPENSE

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