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Chart of accounts LeadCo School is a newly organized business by Eduardo Ramos that teaches people how to inspire and influence others. The list
Chart of accounts LeadCo School is a newly organized business by Eduardo Ramos that teaches people how to inspire and influence others. The list of accounts to be opened in the general ledger is as follows: Accounts Payable Miscellaneous Expense Accounts Receivable Prepaid Insurance Cash Eduardo Ramos, Capital Eduardo Ramos, Drawing Equipment Fees Earned Rent Expense Supplies Supplies Expense Unearned Rent Wages Expense List the accounts in the order in which they should appear in the ledger of LeadCo School and assign account numbers. Each account number is to have two digits: the first digit is to indicate the major classification (1 for assets, etc.), and the second digit is to identify the specific account within each major classification (11 for Cash, etc.). When entering assets, enter them in order of liquidity; quickness to cash, with cash listed first. Account Number Assets Liabilities Owner's equity Revenue Expenses Accounts
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