GL Accounts
| Category | A/C # | A/C Code | Account Name | Balance |
|---|---|---|---|---|
| Assets | 10100 | CASH-EQ | Cash and Cash Equivalents | $150,000.00 Dr |
| Assets | 12100 | ACC-REC | Accounts Receivable | $75,000.00 Dr |
| Assets | 14100 | PREPAID-EXP | Prepaid Expenses | $12,000.00 Dr |
| Liabilities | 20100 | ACC-PAY | Accounts Payable | $45,000.00 Cr |
| Liabilities | 22100 | ACCR-EXP | Accrued Expenses | $25,000.00 Cr |
| Equity | 30100 | COM-STOCK | Common Stock | $100,000.00 Cr |
| Equity | 32100 | RET-EARN | Retained Earnings | $67,000.00 Cr |
| Revenue | 40100 | SALES-REV | Sales Revenue | $250,000.00 Cr |
| Expenses | 50100 | COGS | Cost of Goods Sold | $120,000.00 Dr |
| Expenses | 50500 | SAL-WAGES | Salaries and Wages | $60,000.00 Dr |