These are an example of balance sheet and income statement with its various accounts.Clearly there may be many more but these are some of the most recognized.
BALANCE SHEETASSETS
Current assets:
Box
Banks
Accounts Receivable
Prepaid rent
Prepaid Insurance
Goods in transit
Merchandise inventory
Inventory supplies
Accrued income receivable
Deferred expenses
Long Term Investments
Temporary investments
Note receivable
Total current assets
Fixed assets:
Ground
Furniture and office equipment
(-) Furniture and equipment Accumulated depreciation
Net Furniture and Equipment
Building
(-) Accumulated Depreciation Building
Net Building
Vehicle
(-) Accumulated Depreciation vehicle
Net Vehicle
Machinery
(-) Accumulated Depreciation machinery
Net Machinery
Total fixed assets
Other assets:
Shareholders
Formation expenses
Patent
Franchise
Dial Law
Total Other Assets
Total assets
Liabilities and Capital
Passive
Current liabilities:
Trade accounts payable
Other accounts payable
Document short-term payables
Sales Tax Payable
Interest payable
Dividends payable
Wages payable
Social charges payable
Retentions payable
Deferred revenue
Total current liabilities
Long-term liabilities:
Document long-term payables
Mortgage payable
Total long term liabilities
Total liabilities
Capital:
Social Capital
Retained earnings
Dividends
Total stockholders' equity
Total liabilities and capital
STATE OF RESULT
Sales
(-) Sales Discounts
Returns on sales
Net sales
(-) Cost of sales
Shopping
(+) Freight purchases
Total purchases
(-) Discount on purchases
Purchase returns
Net purchases
(+) Final Inventory
Merchandise available for sale
(-) Initial Inventory
Cost of sales
Gross profit on sales
(-) Operating expenses:
Selling expenses:
Sales Salaries
Rental
Vehicle Depreciation
Freight Sales
Public Services
Advertising
Total cost of sales
Administrative fee:
Administrative Salaries
Furniture and equipment depreciation
Building Depreciation
Machinery Depreciation
Office Supplies
Total administrative expenditure
Total operating expenses
Net Operating Income
(+) Other income
Earnings
(-) Other costs
Interest paid No
Net income before tax
Income Tax
Retained Earnings
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