FUNAC Typical Accounts Used

Cash

• Asset

• Liabilities

• Equity

• Income

• Expense

Notes Receivable

• Asset

• Liabilities

• Equity

• Income

• Expense

Inventories

• Asset

• Liabilities

• Equity

• Income

• Expense

Prepaid Expenses

• Asset

• Liabilities

• Equity

• Income

• Expense

Accounts Payable

• Asset

• Liabilities

• Equity

• Income

• Expense

Unearned Revenues

• Asset

• Liabilities

• Equity

• Income

• Expense

Capital

• Asset

• Liabilities

• Equity

• Income

• Expense

Sales

• Asset

• Liabilities

• Equity

• Income

• Expense

Interest Expense

• Asset

• Liabilities

• Equity

• Income

• Expense

Salaries and Wages

• Asset

• Liabilities

• Equity

• Income

• Expense