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  • Niko Ong Art GalleryChart of Accounts

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    Nikka N. Nazario
    34 views1 page
    This chart of accounts lists asset, liability, and equity accounts for the Niko Ong Art Gallery. Assets include cash, accounts receivable, supplies, and various prepaid and long-term assets. Liabilities comprise accounts payable, notes payable, accrued expenses. Owner's equity contains capital and drawing accounts.

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    This chart of accounts lists asset, liability, and equity accounts for the Niko Ong Art Gallery. Assets include cash, accounts receivable, supplies, and various prepaid and long-term assets. Liabilities comprise accounts payable, notes payable, accrued expenses. Owner's equity contains capital and drawing accounts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    34 views1 page

    Niko Ong Art GalleryChart of Accounts

    Uploaded by

    Nikka N. Nazario
    This chart of accounts lists asset, liability, and equity accounts for the Niko Ong Art Gallery. Assets include cash, accounts receivable, supplies, and various prepaid and long-term assets. Liabilities comprise accounts payable, notes payable, accrued expenses. Owner's equity contains capital and drawing accounts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Niko Ong Art GalleryChart of Accounts

    Assets

    Cash
    Accounts Receivable
    Art Supplies
    Prepaid Rent
    Prepaid Insurance
    Transportation Equipment
    Office Equipment
    Accumulated Depreciation – Transportation equipment504108
    Allowance for bad debts
    Liabilities
    Accounts Payable
    Notes Payable

    Utilities Payable
    Unearned Painting Revenue
    Interest Payable
    Salaries Payable

    Owner's Equity
    Ong, Capital
    Ong, Drawing
    Income Summary

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