Account ID Account Description Active? Account Type
1020 County Bank Yes Cash
1100 Accounts Receivable Yes Accounts Receivable
1200 Inventory Yes Inventory
1300 Prepaid Insurance Yes Other Current Assets
1400 Prepaid Rent Yes Other Current Assets
1450 Supplies Yes Other Current Assets
1500 Computer Equipment Yes Fixed Assets
1510 Furniture Yes Fixed Assets
1520 Automobile Yes Fixed Assets
1900 Accum. Depreciation – Comp Eqt Yes Accumulated Depreciation
1910 Accum. Depreciation – Furnitur Yes Accumulated Depreciation
1920 Accum. Depreciation – Automobi Yes Accumulated Depreciation
2000 Accounts Payable Yes Accounts Payable
2380 Income Taxes Payable Yes Other Current Liabilities
3910 Retained Earnings Yes Equity-Retained Earnings
3920 Student Name, Capital Yes Equity-doesn’t close
3930 Student Name, Draw Yes Equity-gets closed
4000 Teaching Income Yes Income
4050 Crafts Income Yes Income
4100 Interest Income Yes Income