Preparing the General Ledger Accounts are organized by section, including Assets, Liabilities, Equity, Revenue and Expense. Account type-such as Heading (H), Subgroup total (S), Total (T), subgroup Account (A), Group account (G) and Current Earnings (X) is a method of classifying and organizing accounts within a section or subsection of a report. The accounts follow the same pattern described previously: 1000-1999 Assets 2000-2999 Liabilities 3000-3999 Equity 4000-4999 Revenue 5000-5999 Expense Use the Chart of Accounts, Income Statement and Balance Sheet on pages 209-210 to enter all the accounts you need to create. Remember to include all group headings, totals and subgroup totals in addition to the postable group and subgroup accounts.