Chart of Accounts

Exhibit $2-4,$ Chart of Accounts $-$ Smart Touch Learning

Balance Sheet Accounts

Assets Liabilities Equity

$101$ Cash $201$ Accounts Payable $301$ Common Stock

$111$ Accounts Receivable $211$ Salaries Payable $311$ Retained Earnings

$121$ Notes Receivable $221$ Interest Payable $321$ Dividends

$141$ Office Supplies $231$ Unearned Revenue

$151$ Furniture $241$ Notes Payable Income Statement Accounts $($Part of Equity$)$

$171$ Building Revenues Equity

$191$ Land $401$ Service Revenue $501$ Rent Expense

$411$ Interest Revenue $511$ Salaries Expense

$521$ Utilities Expense

$531$ Advertising ExpenseCash Accounts Receivable Notes Receivable Office Supplies Furniture Building Land

Debit Credit

Balance

$+-$

Accounts Payable Salaries Payable Interest Payable Unearned Revenue Notes Payable Equity Retained Earnings

Dividends Service Revenue Interest Revenue Rent Expense Salaries Expense Utilities Expense Advertising Expense