Chart of Accounts Tsunadjusted Financial Statements Adjusted Financial Statements Matching Principle/Revenue Recognition CHART OF ACCOUNTS Cole Designs General Ledger ASSETS 11 Cash 12 Accounts Receivable 14 Supplies 15 Prepaid insurance 18 Equipment 19 Accumulated Depreciation-Equipment REVENUE 41 Fees Eamed EXPENSES 51 Wages Expense 52 Supplies Expense 55 Insurance Expense 56 Depreciation Expense LIABILITIES 22 Wages Payable 23 Unnamed Fees EQUITY 31 Ann Cole, Capital 32 Ann Cole, Drawing