Accounting Information Systems 8th Edition by James Hall

Exercise 71

CODING SCHEME
Devise a coding scheme using block and sequential codes for the following chart of accounts for Jensen Camera Distributors.
Cash
Accounts Receivable
Office Supplies Inventory
Prepaid Insurance
Inventory
Investments in Marketable Securities
Delivery Truck
Accumulated Depreciation-Delivery Truck
Equipment
Accumulated Depreciation-Equipment
Furniture and Fixtures
Accumulated Depreciation-Furniture and
Fixtures
Building
Accumulated Depreciation-Building
Land
Accounts Payable
Wages Payable
Taxes Payable
Notes Payable
Bonds Payable
Common Stock
Paid-In Capital in Excess of Par
Treasury Stock
Retained Earnings
Sales
Sales Returns and Allowances
Dividend Income
Cost of Goods Sold
Wages Expense
Utility Expense
Office Supplies Expense
Insurance Expense
Depreciation Expense
Advertising Expense
Fuel Expense
Interest Expense