Chart of accounts: United States (US textbooks)

Common US textbook account names. US textbooks use no official account numbers; a company’s own chart usually adds them.

Account	Normal balance
Accounts Receivable	Debit
Buildings	Debit
Cash	Debit
Equipment	Debit
Interest Receivable	Debit
Inventory	Debit
Land	Debit
Loans to Employees	Debit
Notes Receivable	Debit
Petty Cash	Debit
Prepaid Insurance	Debit
Prepaid Rent	Debit
Supplies	Debit
Vehicles	Debit
Accumulated Depreciation—Buildings	Credit
Accumulated Depreciation—Equipment	Credit
Accumulated Depreciation—Vehicles	Credit
Allowance for Doubtful Accounts	Credit
Accounts Payable	Credit
Bank Overdraft	Credit
Dividends Payable	Credit
Employee Income Tax Payable	Credit
Federal Unemployment Taxes Payable	Credit
FICA Taxes Payable	Credit
Income Tax Payable	Credit
Interest Payable	Credit
Mortgage Payable	Credit
Notes Payable	Credit
Salaries Payable	Credit
Sales Tax Payable	Credit
State Unemployment Taxes Payable	Credit
Unearned Revenue	Credit
Utilities Payable	Credit
Common Stock	Credit
Income Summary	Credit
Owner’s Capital	Credit
Paid-in Capital in Excess of Par—Common Stock	Credit
Retained Earnings	Credit
Dividends	Debit
Owner’s Drawings	Debit
Treasury Stock	Debit
Gain on Disposal of Equipment	Credit
Gain on Disposal of Vehicles	Credit
Interest Revenue	Credit
Rent Revenue	Credit
Sales Revenue	Credit
Service Revenue	Credit
Sales Discounts	Debit
Sales Returns and Allowances	Debit
Advertising Expense	Debit
Bad Debt Expense	Debit
Bank Service Charges	Debit
Cash Short and Over	Debit
Charitable Contributions Expense	Debit
Cost of Goods Sold	Debit
Depreciation Expense	Debit
Freight-In	Debit
Freight-Out	Debit
Income Tax Expense	Debit
Insurance Expense	Debit
Interest Expense	Debit
Inventory Shrinkage Expense	Debit
Loss on Disposal of Equipment	Debit
Loss on Inventory Write-Down	Debit
Payroll Tax Expense	Debit
Postage Expense	Debit
Purchases	Debit
Rent Expense	Debit
Repairs Expense	Debit
Salaries Expense	Debit
Supplies Expense	Debit
Telephone Expense	Debit
Travel Expense	Debit
Utilities Expense	Debit
Purchase Discounts	Credit

Account

Normal balance

Debit

Debit

Debit

Debit

Debit