Domain expertise for accounting.
Hi.
https://github.com/lethain/accounting
stuff I learned:
- what debits and credits are at a more intuitive level
- debit and credit rules
- chart of accounts at a more intuitive level
General Ledger
Cash 101
Date Explanation Ref Debit Credit Balance
2024-10-01 J1 10000 10000
2024-10-02 J1 1200 11200
2024-10-03 J1 -900 10300
2024-10-04 J1 -600 9700
2024-10-20 J1 10000 19700
2024-10-26 J1 -4000 15700
2024-10-31 J1 -500 15200
Supplies 126
Date Explanation Ref Debit Credit Balance
2024-10-05 J1 2500 2500
Prepaid Insurance 130
Date Explanation Ref Debit Credit Balance
2024-10-04 J1 600 600
Equipment 157
Date Explanation Ref Debit Credit Balance
2024-10-01 J1 5000 5000
Notes Payable 200
Date Explanation Ref Debit Credit Balance
2024-10-01 J1 5000 5000
Accounts Payable 201
Date Explanation Ref Debit Credit Balance
2024-10-05 J1 2500 2500
Unearned Service Revenue 209
Date Explanation Ref Debit Credit Balance
2024-10-02 J1 1200 1200
Common Stock 311
Date Explanation Ref Debit Credit Balance
2024-10-01 J1 10000 10000
Dividends 332
Date Explanation Ref Debit Credit Balance
2024-10-31 J1 500 500
Service Revenue 400
Date Explanation Ref Debit Credit Balance
2024-10-20 J1
10000 10000
Salaries and Wages Expense 726
Date Explanation Ref Debit Credit Balance
2024-10-26 J1 4000 4000
Rent Expense 729
Date Explanation Ref Debit Credit Balance
2024-10-03 J1 900 900
Trial Balance
Trial Balance
Account Name Debit Credit
101 Cash 15200
126 Supplies 2500
130 Prepaid Insurance 600
157 Equipment 5000
200 Notes Payable 5000
201 Accounts Payable 2500
209 Unearned Service Revenue 1200
311 Common Stock 10000
332 Dividends 500
400 Service Revenue 10000
726 Salaries and Wages Expense 4000
729 Rent Expense 900
Totals 28700 28700