Professional Documents
Culture Documents
Financial Statement
Balance Sheet
ACCOUNT TYPE
ASSET ie. Bank Accounts Accouts Receivable LIABILITY ie. Bank Loan Accounts Payable Government Payables EQUITY ie. Capital / Draw Current & Retained Earnings REVENUE ie. Sales Products EXPENSES ie. Productions costs Administrative costs Overhead, etc.
ACCOUNT NORM DR
INCREASE DR
DECREASE CR
CR
CR
DR
CR
CR
DR
CR
CR
DR
Income Statement
DR
DR
CR