Chart Of Account Sample 4

Sample 4 - Chart of Account Structure
ABC Sporting Goods operates 5 stores in two states. They sell to commercial and retail buyers and classify their sales and expenses into five departments.

After consulting with their accountants, ABC Sporting Goods decided on the following account structure:
Sample Chart of Accounts

The 1st segment is refer to the Main Account
The 2nd segment 0001,0002,0003.0004,0005 refer to Stores
The 3rd segment AZ, NM refer to States
The 4th segment PHX, GLN,ALB,TEM refer to Department.

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