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Start with the following transactional data for the first month of operations for Crystal Clear Cleaning. Crystal Clear Cleaning Chart of Accounts November 1,
Start with the following transactional data for the first month of operations for Crystal Clear Cleaning. Crystal Clear Cleaning Chart of Accounts November 1, 2020 Acc. # Cash 101 Accounts Receivable 110 Merchandise Inventory 112 Cleaning Supplies 124 Prepaid Insurance 126 Prepaid Rent 128 Equipment 150 Trucks 154 Accumulated Depreciation 155 Accounts Payable 201 Interest Payable 205 Unearned Revenue 233 Salaries Payable 235 Long-Term Note Payable 251 Common Stock 301 Dividends Paid 302 Retained Earnings 303 Service Revenue 401 Sales Revenue 405 Sales Returns and Allowances 405-1 Sales Discount 405-2 Cost of Goods Sold 500 Sales Commission Expense 505 Depreciation Expense 520 Salaries Expense 523 Interest Expense 533 Insurance Expense 537 Cleaning Supplies Expense 550 Advertising Expense 555 Rent Expense 560 Utilities Expense 569 Income Summary 901
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