BUACC5930 – Common List of Accounts

● Assets
● Current Assets
● Cash on Hand
● Cheque Account
● Undeposited Funds
● Debtors / Accounts Receivable
● Less Prov'n for Doubtful Debts
● Inventory
● Raw Materials
● Work in Progress
● Finished Goods
● Supplies
● Other Assets
● Deposits Paid
● Prepaid Insurance
● Prepaid Rent
● Non-Current Assets
● Plant & Equipment
● Manufacturing Plant at Cost
● Manufac. Plant Accum Dep
● Manufacturing Equipment Cost
● Manufac. Equip Accum Dep
● Furniture & Fixtures
● Furniture & Fixtures at Cost
● Furniture & Fixtures Accum Dep
● Office Equipment
● Office Equip at Cost
● Office Equip Accum Dep
● Motor Vehicles
● Motor Vehicles at Cost
● Motor Vehicles Accum Dep
● Land

● Liabilities
● Current Liabilities
● Credit Cards
● Trade Creditors
● Accounts Payable / Creditors
● GST Liabilities
● GST Collected
● Payroll Liabilities
● Payroll Accruals Payable

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 BUACC5930 – Common List of Accounts

● PAYG Withholding Payable

● Customer Deposits or Unearned Income
● Other Current Liabilities
● Wages Payable
● Rent Payable
● Insurance Payable
● Non-Current Liabilities / Long-Term Liabilities
● Mortgages Payable
● Notes Payable
● Long Term Bank Loan
● Other Long Term Liabilities

● Equity
● Capital
● Capital Investment
● Capital Drawings
● Retained Earnings
● Other Reserves

● Income
● Sales Revenue
● Other Income
● Dividend Income
● Rent Income
● Interest Income

● Expenses
● Cost of Sales
● Advertising
● Car & Truck Expenses
● Commissions Paid
● Depreciation Expense
● Discounts
● Discounts Given
● Freight Paid
● Insurance
● Interest
● Overdraft Interest
● Mortgage Interest
● Other Interest
● Late Fees Paid
● Lease Expenses

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 BUACC5930 – Common List of Accounts

● Office Expenses
● Employment Expenses
● Superannuation
● Wages & Salaries
● Workers' Compensation
● Other Employer Expenses
● Repairs
● Supplies Expense
● Taxes
● Telephone
● Services
● Gas
● Electricity
● Water
● Travel, Meals & Entertainment
● Travel
● Meals & Entertainment

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