Balance sheet accounts include the business's assets such as bank accounts and equipment, liabilities such as credit cards and bank loans, and equity, which represents the health of your business. Each balance sheet account has its own register, to track the transactions involving the accounts and their own balances. These accounts also appear on your balance sheet report, which is one of the main financial reports.
- Accounts Payable
- Accounts Receivable
- Credit Card
- Fixed Asset, Other Asset, Other Current Asset
- Other Current Liability, Long Term Liability