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  • MR - Clean Laundry Chart of Accounts

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    Jihane Tanog
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    This document is a chart of accounts for Mr. Clean Laundry that lists asset, liability, owner's equity, revenue, and expense accounts. The asset accounts include cash, accounts receivable, notes receivable, interest receivable, office supplies, laundry supplies, prepaid rent, laundry equipment, furniture and fixtures, and delivery vehicle. The liability accounts include accounts payable, utilities payable, interest payable, advances from clients, notes payable, and loan payable. The owner's equity accounts are Mr. Clean capital and Mr. Clean drawing. Revenue accounts are laundry services and interest income. Expense accounts are repairs, depreciation, interest, laundry supplies, wages, office supplies, utilities, and

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    Example of chart of Accounts

    Original Title

    Mr_-Clean-Laundry-Chart-of-Accounts

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    This document is a chart of accounts for Mr. Clean Laundry that lists asset, liability, owner's equity, revenue, and expense accounts. The asset accounts include cash, accounts receivable, notes receivable, interest receivable, office supplies, laundry supplies, prepaid rent, laundry equipment, furniture and fixtures, and delivery vehicle. The liability accounts include accounts payable, utilities payable, interest payable, advances from clients, notes payable, and loan payable. The owner's equity accounts are Mr. Clean capital and Mr. Clean drawing. Revenue accounts are laundry services and interest income. Expense accounts are repairs, depreciation, interest, laundry supplies, wages, office supplies, utilities, and

    Copyright:

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

    MR - Clean Laundry Chart of Accounts

    Uploaded by

    Jihane Tanog
    This document is a chart of accounts for Mr. Clean Laundry that lists asset, liability, owner's equity, revenue, and expense accounts. The asset accounts include cash, accounts receivable, notes receivable, interest receivable, office supplies, laundry supplies, prepaid rent, laundry equipment, furniture and fixtures, and delivery vehicle. The liability accounts include accounts payable, utilities payable, interest payable, advances from clients, notes payable, and loan payable. The owner's equity accounts are Mr. Clean capital and Mr. Clean drawing. Revenue accounts are laundry services and interest income. Expense accounts are repairs, depreciation, interest, laundry supplies, wages, office supplies, utilities, and

    Copyright:

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

    Mr.

    Clean Laundry
    Chart of Accounts

    ASSETS

    110 Cash
    120 Accounts Receivable
    125 Allowance for Doubtful Accounts
    130 Notes Receivable
    140 Interest Receivable
    150 Office Supplies
    160 Laundry Supplies
    170 Prepaid Rent
    180 Laundry Equipment
    185 Accumulated Depreciation - Laundry Equipment
    190 Furniture and Fixtures
    195 Accumulated Depreciation - Furniture and Fixtures
    200 Delivery Vehicle
    205 Accumulated Depreciation - Delivery Vehicle

    LIABILITIES

    210 Accounts Payable


    220 Utilities Payable
    230 Interest Payable
    240 Advances from Clients
    250 Notes Payable
    260 Loan Payable

    OWNER’S EQUITY

    310 Mr. Clean, Capital


    320 Mr. Clean, Drawing

    REVENUE

    410 Laundry Services Revenue


    420 Interest Income

    EXPENSES

    510 Repairs Expense


    520 Depreciation Expense
    530 Interest Expense
    540 Laundry Supplies Expense
    550 Wages Expense
    560 Office Supplies Expense
    570 Utilities Expense
    580 Doubtful Accounts Expense

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