USA Accounting Questions

Oct 19, 2022
Reaction score
United States

We are a small business and like to have a few questions answered regarding the financial statements that we are going to create for ourselves.

Here is the link to Balance Sheet & Income Statement -

a. Are there any new General Ledger Accounts that are typically used and we should consider adding?

b. Are there any existing General Ledger Accounts that should be combined?

c. Is there a typical sequence that GL Accounts are generally shown? Like:
> Phone Expense
> Waste Disposal
> Maintenance

I appreciate any help I can get over the forum.

Thank you!

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question