Fina202

Páginas: 4 (911 palabras) Publicado: 15 de mayo de 2012
Classification of Accounts

Account Title

Account Classification

Normal
Balance

Financial Statement

Accounts Payable

Current liability •

Credit

Balance sheet

AccountsReceivable

Current a sset

Debt

Balance sheet

•Accumulated

Plant a sset

Credit

Balance s heet

/V-*^^ Plaat-asset
Operating e xpense

Credit

Balance sheet
Income s tatementD epreciation

Accumulated Depletion
Advertising E xpense

Debit

Allowance f or D oubtful Accounts Current asset

Credit

Amortization E xpense

Operating e xpense

DebitAppropriation f or

Stockholders e quity

Credit

Balance sheet
Income s tatement
Retained earnings
statement/
Balance sheet

Bonds Payable

Long term liability

Credit

Balance sheetBuilding

Plant asset
Owners equity

Debit
Credit

Balance sheet
Statement o f o wner's
equity/
Balance sheet

Capital Stock

Stockholders e quity

Credit

Balance sheet

CashCurrent asset

Debit

Balance sheet

Cash Dividends

Stockholders' equity

Debit

Retained earnings
statement

Cash Dividends Payable

Current liability

Credit

Balance sheetCommon Stock

Stockholders' equity

Credit

Balance sheet

Cost o f M erchandise ( Goods)
Sold

Cost o f
sold)

Debit

Income s tatement

Capital

m erchandise(goods

D eferred Income T ax

Current Liability/Long term
liability

Credit

Balance s heet

Depletion Expense

Operating expense

Debit

Income statement

Discount o n B onds Payable

Long termliability

Debit

Balance sheet

Dividend Income

Other i ncome

Credit

Income statement

Dividends

Stockholders' e quity

Debit

Retained earnings
statement

Donated CapitalStockholders' e quity

Credit

Balance sheet

Employees Federal Income T ax
Payable

Current liability

Credit

Balance s heet

Equipment

Plant asset

Debit

Balance sheet...
Leer documento completo

Regístrate para leer el documento completo.

Estos documentos también te pueden resultar útiles

  • FINA202
  • FINA202
  • Fina202 Taller 3
  • fina202-3
  • Taller1-Fina202
  • Taller 3 Fina202
  • FINA202 examen 4

Conviértase en miembro formal de Buenas Tareas

INSCRÍBETE - ES GRATIS