Title: Chart Of Accounts
Headings: 

Content: Stocks
Bonds
Other Long Term Investments
Valuation Allowance for Market Value Fluctuations
Property, Plant, and Equipment
Assets of a durable nature that are used to provide current and future economic benefits to the business. These accounts will normally have a sub ledger that contains a record for each parcel of land, building, or piece of machinery and equipment along with depreciation calculations and amounts. Land
Buildings
Accumulated Depreciation - Buildings (Contra Account)
Building Improvements
Accumulated Depreciation - Building Improvements (Contra Account)
Machinery and Equipment
Accumulated Depreciation - Machinery and Equipment (Contra Account)
Office Equipment
Accumulated Depreciation - Office Equipment (Contra Account)
Computer Equipment
Accumulated Depreciation - Computer Equipment (Contra Account)
Vehicles
Accumulated Depreciation - Vehicles (Contra Account)
Furniture and Fixtures
Accumulated Depreciation - Furniture and Fixtures (Contra Account)
Leasehold Improvements
Accumulated Amortization - Leasehold Improvements (Contra Account)
Computer Software
Accumulated Amortization - Computer Software (Contra Account)
Other Property, Plant, or Equipment
Accumulated Depreciation - Other Property, Plant, or Equipment
Other Noncurrent Assets
All assets that are noncurrent and that do not fit neatly into any of the other categories. Long Term Owner Loans & Advances
Long Term Employee Loans & Advances
Notes Receivable - Long-term principal portion of Long-term Notes
Security Deposits
Intangible Assets
Patents
Organization Costs
Goodwill
Accumulated Amortization (Contra Account)
Liabilities
Formal Definition: Claims by creditors to the property (assets) of a business until they are paid. Informal Definition: Other's claims to the business's stuff. Amounts the business owes to others. Additional Explanation: Usually one of a business's biggest liabilities (hopefully they are not past due) is to suppliers where they have bought goods and services and charged them.