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About Account Numbering Logic

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About Account Numbering Logic

Although different businesses may use different accounts, the numbering schema that are typically used are very standard. A common coding system employed by most businesses is to use a three or four digit code series as follows:

Account Number

Type of Account

1000-1999

Assets

2000-2999

Liabilities

3000-3999

Owner Equity or Fund Balance

4000-4999

Revenue

5000-5999

Expense


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