Choose account 1000 - Assets 1010 - Cash 1020 - Bank 1030 - Accounts Receivable 1040 - Inventory 1050 - Prepaid Expenses 1060 - Employee Advances 2000 - Liabilities 2010 - Accounts Payable 2020 - Sales Tax Payable 2030 - Salaries Payable 2035 - Payroll Deductions Payable 3000 - Equity 3010 - Owner Capital 3020 - Retained Earnings 4000 - Income 4010 - Sales Revenue 4020 - Sales Returns 4030 - Inventory Adjustment Gain 4040 - Other Income 5000 - Expenses 5010 - Cost of Goods Sold 5020 - Sales Discount 5030 - Inventory Adjustment Loss 5040 - General Expenses 5050 - Salaries Expense 5060 - Utilities Expense