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Chart of Accounts

(31)

Account Description Status
CASH
1001·Cash on Hand Physical currency and coins held by the business Active
1002·Cash in Bank Funds held in bank accounts Active
1003·Petty Cash Fund Small cash fund for minor expenses Active
1004·Cash Equivalents Highly liquid investments with maturities of 3 months or less Active
CURRENT ASSETS
1005·Short-term Investments Marketable securities and short-term investments Active
1300·Supplies on Hand Supplies purchased but not yet consumed Active

Journal Entries

Record transactions with ease. Double-entry bookkeeping made simple with smart defaults and quick entry.

Entry #1 Posted

Date: 06/15/2026
Created: 06/15/2026

Account Debit (USD) Credit (USD)
1001 Cash on Hand 50,000.00
3001 Owner's Equity 50,000.00
Total $50,000.00 $50,000.00

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Company: Acme Corp
Amount: $1,250.00

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