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Sample Chart of
Accounts
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Number
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Account
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Type
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Balance Type
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(under normal
circumstances)
|
Balance
Sheet:
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Assets:
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1000
|
Checking
|
Cash
|
Debit
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1010
|
Savings
|
Cash
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Debit
|
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1030
|
Short-Term Investments
|
Cash
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Debit
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1200
|
Accounts Receivable
|
Accounts Receivable
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Debit
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1201
|
Allowance for Doubtful Accounts
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Accounts Receivable
|
Debit
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1250
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Employee Loans
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Other Current Assets
|
Debit
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1300
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Prepaid Expenses
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Other Current Assets
|
Debit
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1400
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Inventory
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Inventory
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Debit
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1410
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Work-In-Process
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Inventory
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Debit
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1500
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Capitalized Equipment
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Fixed Assets
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Debit
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1510
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Buildings and Real Estate
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Fixed Assets
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Debit
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1590
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Amortized Assets
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Fixed Assets
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Debit
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1599
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Accumulated Depreciation & Amortization
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Fixed Assets - Contra Account
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Debit
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1900
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Other Assets
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Other Assets
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Debit
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Liabilities:
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2000
|
Accounts Payable
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Accounts Payable
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Credit
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2010
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Trade Accounts Payable
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Accounts Payable
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Credit
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2090
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Credit Cards Payable
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Accounts Payable
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Credit
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2120
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Payroll Taxes Withheld
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Other Current Liabilities
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Credit
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2160
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Health Ins Withhold Liability
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Other Current Liabilities
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Credit
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2200
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Sales Tax Payable
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Other Current Liabilities
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Credit
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2400
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Income Taxes Payable
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Other Current Liabilities
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Credit
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2490
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Short-Term Portion of Notes Payable
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Other Current Liabilities
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Credit
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2500
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Notes Payable
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Long Term Liabilities
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Credit
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2600
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Notes Payable
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Long Term Liabilities
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Credit
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2899
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Less: Short-Term
Portion of N/P
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Long Term Liab. - Contra Account
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Credit
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2900
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Deferred Income Taxes
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Other Long Term Liabilities
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Credit
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Equity:
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3000
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Common Stock
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Equity
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Credit
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3100
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Addition Paid in Capital
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Equity
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Credit
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3500
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Retained Earnings
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Equity
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Credit
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Income
Statement:
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Income:
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4000
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Income
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Income (Sales)
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Credit
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4010
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Income
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Income (Sales)
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Credit
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4020
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Income
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Income (Sales)
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Credit
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4030
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Income
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Income (Sales)
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Credit
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4100
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Reimbursible Expenses
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Income (Sales)
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Credit
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4900
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Reimbursible Expenses
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Income (Sales) - Contra Account
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Credit
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4901
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Reimb. Exp. - Meals and Entertainment
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Income (Sales) - Contra Account
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Credit
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Cost
of Goods Sold:
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5000
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Materials
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Cost of Goods sold
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Debit
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5010
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Materials
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Cost of Goods sold
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Debit
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5020
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Materials
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Cost of Goods sold
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Debit
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5100
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Direct Labor
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Cost of Goods sold
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Debit
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5110
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Direct Labor
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Cost of Goods sold
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Debit
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5120
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Direct Labor
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Cost of Goods sold
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Debit
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Operating
Expenses:
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6000
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Accounting
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Expenses
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Debit
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6020
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Advertising and Marketing
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Expenses
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Debit
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6040
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Bank Service Charges
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Expenses
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Debit
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6060
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Books & Reference Items
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Expenses
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Debit
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6080
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Charitable Contributions
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Expenses
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Debit
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6100
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Continuing Education
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Expenses
|
Debit
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6120
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Hardware / Software Purchases
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Expenses
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Debit
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6121
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Capitalized Purchases
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Expenses - Contra Account
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Debit
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6140
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Insurance - Liability
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Expenses
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Debit
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6160
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Insurance - Health
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Expenses
|
Debit
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6180
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Licenses, Dues & Subscriptions
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Expenses
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Debit
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6190
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Legal Fees
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Expenses
|
Debit
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6200
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Office Expenses
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Expenses
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Debit
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6300
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Payroll Processing Fees
|
Expenses
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Debit
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6310
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Payroll Taxes
|
Expenses
|
Debit
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6400
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Postage and Delivery
|
Expenses
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Debit
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6450
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Professional Fees
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Expenses
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Debit
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6500
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Rent
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Expenses
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Debit
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6550
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Repairs and Maintenance
|
Expenses
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Debit
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6600
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Salaries and Wages
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Expenses
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Debit
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6650
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Staff Meetings & Kitchen Supplies
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Expenses
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Debit
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6670
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Supplies
|
Expenses
|
Debit
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6680
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Supplies - Printing & Repro.
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Expenses
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Debit
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6900
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Telephone
|
Expenses
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Debit
|
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6950
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Travel
|
Expenses
|
Debit
|
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6951
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Travel - Meals & Entertainment
|
Expenses
|
Debit
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6990
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Utilities
|
Expenses
|
Debit
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Other
Income:
|
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7010
|
Interest Income
|
Income
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Credit
|
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7030
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Other Income
|
Income
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Credit
|
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Other
Expenses
|
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8100
|
Depreciation Expense
|
Expenses
|
Debit
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8200
|
Interest Expense
|
Expenses
|
Debit
|
|
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Income
Tax Expenses:
|
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9000
|
Income Taxes - Federal
|
Expenses
|
Debit
|
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|
9010
|
Income Taxes - State & Local
|
Expenses
|
Debit
|
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