A chart of accounts is a categorize index of the financial accounts in the company general ledger.
A well-designed chart of accounts will help printing and packaging companies manage, track, and analyze your expenses and revenue;
measure performance changes between periods; and
benchmark your organization against other firms.
BALANCE SHEET ACCOUNTS |
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Assets |
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1000 |
Current Assets |
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1010 |
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Cash |
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1010.10 |
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Cash - Regular Checking |
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1010.20 |
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Cash - Payroll Checking |
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1010.30 |
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Cash - Petty Cash Fund |
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1010.40 |
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Cash - Investment Account |
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1020 |
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Notes & Accounts Receivable |
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1020.10 |
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Accounts Receivable |
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1020.20 |
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Allowance for Bad Debts |
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1030.00 |
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Inventory |
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1030.10 |
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Work in Process |
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1030.20 |
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Inventory - Offset Paper |
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1030.30 |
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Inventory - Digital Paper |
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1030.40 |
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Inventory - Wide Format Substrates |
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1030.50 |
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Inventory - Department Supplies |
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1030.60 |
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Inventory - Finished Goods |
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1040 |
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Marketable Securities |
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1040.10 |
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Marketable Securities |
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1050 |
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Other Current Assets |
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1050.10 |
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Income Tax Refund Receivable |
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1050.20 |
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Interest Receivable |
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1050.30 |
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Prepaid Interest |
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1050.40 |
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Prepaid Insurance |
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1050.50 |
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Prepaid Officers Life Insurance |
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1050.60 |
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Prepaid Taxes |
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1050.70 |
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Prepaid Expenses - Other |
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1050.80 |
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Loans & Exchanges |
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1200 |
Fixed Assets |
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1210.10 |
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Land |
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1210.20 |
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Buildings |
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1210.30 |
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Building Improvements |
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1210.40 |
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Furniture & Fixtures |
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1210.50 |
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Machinery & Equipment |
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1210.60 |
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Computer Equipment |
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1210.70 |
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Vehicles |
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1210.80 |
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Other Fixed Assets |
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1250.10 |
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Accumulated Depreciation - Land |
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1250.20 |
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Accumulated Depreciation - Buildings |
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1250.30 |
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Accumulated Depreciation - Building Improvements |
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1250.40 |
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Accumulated Depreciation - Furniture & Fixtures |
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1250.50 |
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Accumulated Depreciation - Machinery & Equipment |
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1250.60 |
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Accumulated Depreciation - Computer Equipment |
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1250.70 |
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Accumulated Depreciation - Vehicles |
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1250.80 |
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Accumulated Depreciation - Other Fixed Assets |
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Liabilities |
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2000 |
Current Liabilities |
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2010 |
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Accounts Payable |
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2010.10 |
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Accounts Payable Trade |
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2010.20 |
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Accrued Accounts Payable |
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2010.30 |
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Bank Notes Payable |
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2020.00 |
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Other Current Liabilities |
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2020.10 |
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Sales Taxes Payable |
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2020.20 |
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Payroll Taxes Payable |
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2020.30 |
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Income Taxes Payable |
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2020.40 |
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Employee Benefits Payable |
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2020.50 |
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Deposits From Customers |
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2020.60 |
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Prepaid Postage From Customers |
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2020.70 |
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Other Current Liabilities |
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2100.00 |
Long-Term Liabilities |
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2100.10 |
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Notes Payable |
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2100.20 |
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Land Payable |
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2100.30 |
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Mortgages Payable |
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2500.00 |
Equity |
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2500.10 |
Capital Stock |
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2500.20 |
Earnings Paid in Capital |
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2500.30 |
Retained Earnings |
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OPERATING STATEMENT ACCOUNTS |
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SALES REVENUES |
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3000.00 |
Sales |
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3000.10 |
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Offset Products Sales |
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3000.20 |
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Digital Products Sales |
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3000.30 |
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Wide Format Products Sales |
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3000.40 |
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Promo Products |
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3000.50 |
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Billable Freight |
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3000.60 |
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Billable Postage |
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3000.70 |
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Miscellaneous Sales |
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3010 |
Sales Returns & Allowances |
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3020 |
Sales Discounts |
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TOTAL SALES REVENUES |
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COST OF SALES |
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4000.00 |
Materials |
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4010.00 |
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Paper & Substrates |
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4010.10 |
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Offset Paper |
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4010.20 |
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Digital Paper |
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4010.30 |
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Wide Format Substrates |
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4030.00 |
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Other Chargeable Materials |
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4030.10 |
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Ink |
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4030.20 |
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Plates |
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4030.30 |
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Digital Clicks |
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4030.40 |
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Mailing |
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4030.50 |
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Freight |
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4030.60 |
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Promo Products |
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4030.70 |
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Other Chargeable Materials |
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4040.00 |
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Outside Services |
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4040.10 |
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Prepress |
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4040.20 |
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Printing |
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4040.30 |
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Finishing |
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4040.40 |
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Other Outside Services |
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4050 |
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Purchase Returns & Allowances |
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4060 |
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Purchase Discounts |
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5000 |
Factory Expenses |
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5100 |
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Factory Payroll |
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5110 |
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Salaries - Executive |
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5120 |
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Direct Wages |
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5130 |
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General Factory Salaries & Wages |
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5140 |
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Shipping & Delivery Wages |
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5150 |
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Payroll Taxes |
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5160 |
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401(k) Contributions |
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5170 |
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Employee Insurance Benefits |
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5180 |
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Worker Compensation Insurance |
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5200 |
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Factory Expenses (non-payroll) |
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5210 |
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Building Depreciation |
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5220 |
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Equipment Depreciation |
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5230 |
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Real Estate Taxes |
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5240 |
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Other Property Taxes |
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5250 |
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Property Insurance |
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5260 |
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Building Rent, Lease, or Mortgage |
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5270 |
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Utilities |
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5280 |
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Equipment Leases & Rental |
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5290 |
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Training & Education |
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5300.00 |
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Other Factory Expenses |
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5310.00 |
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Factory Supplies & Expenses |
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5310.10 |
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Factory Supplies & Expenses - Prepress |
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5310.20 |
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Factory Supplies & Expenses - Press |
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5310.30 |
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Factory Supplies & Expenses - Digital |
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5310.40 |
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Factory Supplies & Expenses - Wide Format |
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5310.50 |
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Factory Supplies & Expenses - Finishing |
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5310.60 |
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Factory Supplies & Expenses - Mailing |
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5310.70 |
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Factory Supplies & Expenses - Packing |
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5310.80 |
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Factory Supplies & Expenses - Shipping & Delivery |
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5320.00 |
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Factory Repairs & Maintenance |
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5320.10 |
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Repairs & Maintenance - Prepress |
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5320.20 |
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Repairs & Maintenance - Press |
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5320.30 |
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Repairs & Maintenance - Digital |
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5320.40 |
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Repairs & Maintenance - Wide Format |
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5320.50 |
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Repairs & Maintenance - Finishing |
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5320.60 |
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Repairs & Maintenance - Mailing |
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5320.70 |
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Repairs & Maintenance - Packing |
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5320.80 |
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Repairs & Maintenance - Shipping & Delivery |
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5320.90 |
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Repairs & Maintenance - Facility |
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5330 |
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Other Misc Factory Expenses |
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TOTAL COST OF SALES |
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GROSS PROFIT |
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ADMINISTRATIVE EXPENSES |
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6000 |
Administrative Expenses |
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6100 |
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Administrative Payroll |
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6110 |
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Salaries - Executive |
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6120 |
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Salaries - Office |
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6130 |
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Payroll Taxes |
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6140 |
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401(k) Contributions |
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6150 |
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Employee Insurance Benefits |
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6160 |
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Worker Compensation Insurance |
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6200 |
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Administrative Expenses (non-payroll) |
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6210 |
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Auto Reimbursement |
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6220 |
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Bad Debts |
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6230 |
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Bank Charges |
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6240 |
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Data Processing Expenses |
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6250 |
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Office Supplies |
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6260 |
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Professional Fees |
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6270 |
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Dues & Subscriptions |
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6280 |
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Property Tax Expense |
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6290 |
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Business Tax Expense |
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6300 |
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Telephone |
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6310 |
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Charitable Contributions |
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6320 |
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Dues & Subscriptions |
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6330 |
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Postage Exense |
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6340 |
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Office Equipment Leases & Rental |
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6350 |
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Travel Expenses |
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6360 |
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Training & Education |
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6370 |
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Other Administrative Expenses |
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TOTAL ADMINISTRATIVE EXPENSES |
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SELLING EXPENSES |
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7000 |
Selling Expenses |
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7100 |
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Selling Payroll |
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7110 |
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Salaries - Executive |
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7120 |
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Salaries - Salespeople (excluding commissions) |
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7130 |
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Commissions - Salespeople (excluding salaries) |
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7140 |
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Salaries - Sales Office Clerical |
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7150 |
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Payroll Taxes |
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7160 |
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401(k) Contributions |
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|
7170 |
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Employee Insurance Benefits |
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|
7180 |
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Worker Compensation Insurance |
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7200 |
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Selling Expenses (non-payroll) |
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7210 |
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Auto Reimbursement |
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7220 |
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Advertising |
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7230 |
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Travel & Entertainment Expenses |
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7240 |
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Other Selling Expenses |
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TOTAL SELLING EXPENSES |
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INCOME BEFORE INTEREST EXPENSE |
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INTEREST EXPENSE |
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8000 |
Interest Expense |
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|
8010 |
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Interest Expense |
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OPERATING INCOME |
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OTHER INCOME & EXPENSE |
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9000 |
Other Income & Expenses |
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|
9010 |
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Income - Interest & Finance Charges |
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9020 |
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Income - Sale of Scrap & Recycle Materials |
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|
9030 |
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Income - Gain on Sale of Assets |
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9040 |
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Income - Other Miscellaneous Income |
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9110 |
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Expense - Loss from Sale of Fixed Assets |
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9120 |
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Expense - Other Miscellaneous Expenses |
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INCOME BEFORE INCOME TAXES |
