Ledger Accounts
Standard Chart of Accounts (COA) ledgers, opening balances, and classifications
| Code | Ledger Name | Account Group | Type | Opening Bal | Dr/Cr | Bank / Account # | Actions |
|---|---|---|---|---|---|---|---|
| 1131 | Advance to Suppliers System | Current Assets | Asset | 0.00 | DR | — | |
| 1111 | Cash in Hand System | Bank & Cash Accounts | Asset | 0.00 | DR | — | |
| 1112 | Main Commercial Bank System | Bank & Cash Accounts | Asset | 0.00 | DR | AE09033123456789 | |
| 1121 | Sundry Debtors Control System | Sundry Debtors (Receivables) | Asset | 0.00 | DR | — | |
| 1201 | Office Equipment & Computers | Fixed Assets | Asset | 0.00 | DR | — | |
| 2111 | Sundry Creditors Control System | Sundry Creditors (Payables) | Liability | 0.00 | CR | — | |
| 2121 | Output Tax (VAT 5%) System | Duties & Taxes (VAT/GST) | Liability | 0.00 | CR | — | |
| 2122 | Input Tax (VAT 5%) System | Duties & Taxes (VAT/GST) | Liability | 0.00 | DR | — | |
| 2131 | Advance from Customers System | Customer Advances (Unearned) | Liability | 0.00 | CR | — | |
| 3001 | Shareholder Capital System | Equity | Equity | 0.00 | CR | — | |
| 3002 | Retained Earnings System | Equity | Equity | 0.00 | CR | — | |
| 4101 | Sales Revenue System | Direct Income / Sales | Revenue | 0.00 | CR | — | |
| 4102 | Consulting & Service Revenue | Direct Income / Sales | Revenue | 0.00 | CR | — | |
| 4103 | Sales Returns & Allowances System | Direct Income / Sales | Revenue | 0.00 | DR | — | |
| 5101 | Cost of Goods & Purchases System | Direct Expenses / Cost of Sales | Expense | 0.00 | DR | — | |
| 5102 | Purchase Returns & Discounts System | Direct Expenses / Cost of Sales | Expense | 0.00 | CR | — | |
| 5201 | Office Rent Expense | Operating & Administrative Expenses | Expense | 0.00 | DR | — | |
| 5202 | Salaries & Wages | Operating & Administrative Expenses | Expense | 0.00 | DR | — | |
| 5203 | Electricity & Internet | Operating & Administrative Expenses | Expense | 0.00 | DR | — |