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Chart of Accounts Acc101 by gabrieldomincel30 is a document available to read on EtoBox.

What is Chart of Accounts Acc101 about?

The document provides a chart of accounts for ACC101 at Saint Dominic College of Asia, detailing various account types such as assets, liabilities, equity, revenue, and expenses. It specifies how to increase or decrease each account type, indicating that assets and expenses increase with debits, while liabilities, equity, and revenue increase with credits. Additionally, it outlines the treatment of contra-accounts, which have opposite balances to their associated accounts.

Author

gabrieldomincel30

Language

EN