| Assets = Liabilities + Stockholder’s Equity |
|Current Assets |Long-Term Assets |Current Liabilities |Long-Term Liabilities |Owner’s Equity |Revenues |Expenses |
|Cash |Intangible Assets |Accounts Payable |Mortgage Payable |Common Stock |Sales Revenue |Purchases |
|Cash Equivalents |Copyrights |Interest Payable |Deferred Income Taxes |Capital Stock |Less: Sales Discounts |Less: Purchases |
|Marketable Securities |Trademarks |Loan Payable (Short |Loan Payable (Long |Preferred Stock |Less: Sales Return & |Discounts |
|Trade Receivables |Goodwill |Term) |Term) |(Treasury Stock) |Allowances |Less: Purchases Returns |
|Accounts Receivable |Patents |Unearned Revenues |Note Payable (Long |Paid In Capital |Rent Revenue |& Allowances |
|Less: Allowance for |Long Term Investments |Salaries Payable |Term) |Additional Paid in |Professional Fees |Cost of Merchandise Sold|
|Doubtful or |Fixed Assets |Accrued Expenses |Bonds Payable |Capital |Revenue (Earned) |Cost of Goods Sold |
|Uncollectible Accounts |Land – No |Sales Tax Payable |(Discount on Bonds |Premium on Stock |Interest Income |Supplies Expense |
|Note Receivable |deprecia |Income Tax Payable |Payable) |Retained Earnings |(Revenue) |Bad Debt Exp. |
|Contract Receivables |Land Improvements |Wages Payable