Karla's Kurvy Kite's Chart of Accounts Ledger # Ledger # Account ASSETS Cash Accounts Receivable Inventory Supplies Prepaid Insurance Land Building Accum Depr. - Building Kite Machine Accum Depr. - Kite Machine 101 102 103 104 105 106 107 108 Account LIABILITIES Accounts Payable Notes Payable Interest Payable Salaries Payable Income Tax Payable 201 202 203 204 205 OWNER'S EQUITY Common Stock Retained Earnings Dividends 109 110 301 302 304 501 REVENUES Sales Sales Returns & Allowances Sales Discounts 502 401 402 403 EXPENSES Cost of Goods Sold Salaries Expense Freight-Out Depr. Exp. - Building Utilities Expense Supplies Expense Depr. Exp. - Kite Machine Interest Expense Insurance Expense Income Tax Expense 503 504 505 506 507 508 509 510 Karla's Kurvy Kite's Chart of Accounts Ledger # Ledger # Account ASSETS Cash Accounts Receivable Inventory Supplies Prepaid Insurance Land Building Accum Depr. - Building Kite Machine Accum Depr. - Kite Machine 101 102 103 104 105 106 107 108 Account LIABILITIES Accounts Payable Notes Payable Interest Payable Salaries Payable Income Tax Payable 201 202 203 204 205 OWNER'S EQUITY Common Stock Retained Earnings Dividends 109 110 301 302 304 501 REVENUES Sales Sales Returns & Allowances Sales Discounts 502 401 402 403 EXPENSES Cost of Goods Sold Salaries Expense Freight-Out Depr. Exp. - Building Utilities Expense Supplies Expense Depr. Exp. - Kite Machine Interest Expense Insurance Expense Income Tax Expense 503 504 505 506 507 508 509 510