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Preliminary List of Accounts
CA= current assets; PPE= property, plant, & equip; CL= current liability; LTL= long-term liability; SE= stockholders' equity
38
Accounting
Undergraduate 2
08/30/2011
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Term
ACCOUNTS RECEIVABLE
 Definition
CURRENT ASSET; DEBIT
Term
CASH
 Definition
CURRENT ASSET; DEBIT
Term
ALLOWANCE FOR DOUBTFUL ACCOUNTS
 Definition
CURRENT ASSET; CREDIT
Term
SHORT-TERM NOTES RECEIVABLE
 Definition
CURRENT ASSET; DEBIT
Term
MARKETABLE SECURITIES
 Definition
CURRENT ASSET; DEBIT
Term
SHORT TERM INVESTMENTS
 Definition
CURRENT ASSET; DEBIT
Term
MERCHANDISE INVENTORY
 Definition
CURRENT ASSET; DEBIT
Term
SUPPLIES
 Definition
CURRENT ASSET; DEBIT
Term
PREPAID EXPENSES
 Definition
CURRENT ASSET; DEBIT
Term
LAND
 Definition
PROPERTY, PLANT, & EQUIP; DEBIT
Term
BUILDINGS
 Definition
PROPERTY, PLANT, & EQUIP; DEBIT
Term
MACHINERY
 Definition
PROPERTY, PLANT, & EQUIP; DEBIT
Term
AUTOS & TRUCKS
 Definition
PROPERTY, PLANT, & EQUIP; DEBIT
Term
FURNITURE & FIXTURES
 Definition
PROPERTY, PLANT, & EQUIP; DEBIT
Term
EQUIPMENT
 Definition
PROPERTY, PLANT, & EQUIP; DEBIT
Term
ACCUMULATED DEPRECIATION
 Definition
PROPERTY, PLANT, & EQUIP; CREDIT
Term
LONG-TERM NOTES RECEIVABLE
 Definition
INVESTMENT; DEBIT
Term
LONT-TERM INVESTEMNTS
 Definition
INVESTMENT; DEBIT
Term
INVESTMENT IN STOCK
 Definition
INVESTMENT; DEBIT
Term
INVESTMENT IN BONDS
 Definition
INVESTMENT; DEBIT
Term
INVESTMENT IN LAND
 Definition
INVESTMENT; DEBIT
Term
PATENTS
 Definition
INTANGIBLE; DEBIT
Term
GOODWILL
 Definition
INTANGIBLE; DEBIT
Term
COPYRIGHTS
 Definition
INTANGIBLE; DEBIT
Term
TRADEMARKS
 Definition
INTANGIBLE; DEBIT
Term
ACCOUNTS PAYABLE
 Definition
CURRENT LIABILITY; CREDIT
Term
WAGES PAYABLE
 Definition
CURRENT LIABILITY; CREDIT
Term
INTEREST PAYABLE
 Definition
CURRENT LIABILITY; CREDIT
Term
SHORT-TERM NOTES PAYABLE
 Definition
CURRENT LIABILITY; CREDIT
Term
ACCRUED LIABILITIES
 Definition
CURRENT LIABILITY; CREDIT
Term
UNEARNED REVENUES
 Definition
CURRENT LIABILITY/LONG-TERM LIABILITY; CREDIT
Term
SUBSCRIPTIONS RECEIVED IN ADVANCE
 Definition
CURRENT LIABILITY/LONG-TERM LIABILITY; CREDIT
Term
BONDS PAYABLE
 Definition
LONG-TERM LIABILITY; CREDIT
Term
MORTGAGE PAYABLE
 Definition
LONG-TERM LIABILITY; CREDIT
Term
LONG-TERM NOTES PAYABLE
 Definition
LONG-TERM LIABILITY; CREDIT
Term
COMMON STOCK
 Definition
STOCKHOLDERS' EQUITY; CREDIT
Term
CAPITAL STOCK
 Definition
STOCKHOLDERS' EQUITY; CREDIT
Term
RETAINED EARNINGS
 Definition
STOCKHOLDERS' EQUITY; CREDIT
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