Account Name Type of AccountDebit or CreditFinancial Statement

Common Stock SE Credit BS

Preferred Stock SE Credit BS
Retained Earnings SE Credit BS
Dividends xSE Debit RE
Additional Paid-in Capital SE Credit BS
Accumulated Depreciation xA Credit BS
Income Summary Either
Treasury Stock xSE Debit BS
Extraordinary Gain/Loss (infrequent and unusual) Either IS
Common stock dividend distrutable SE Credit BS
Accumulated other comprehensive income/lossSE Either IS
Bonds Payable L Credit BS
Discount on Bonds Payable xL Debit BS
Premium on Bonds Payable adjunct L Credit BS
Debt Conversion Expense Expense Debit IS
Paid-in Capital Stock warrants SE Credit BS
Compensation Expense Expense Debit IS
Paid-in Capital Stock Options SE Credit BS
Unearned Compensation xSE Debit BS
Investment in "Company Name" (Htm, AfS, TS) A Debit BS (Investments)
Gain on Sale Peripheral R Credit IS
Securities Fair Value Adjustment xA Credit BS
Securities Fair Value Adjustment adjunct A Debit BS
Dividend Revenue Revenue Credit
Unrealized Holding Gain-equity Credit BS
Unrealized Holding Loss-equity Debit BS
Unrealized holding Gain-income Revenue Credit IS
Unrealized Holding Loss-income Revenue Debit IS
Call Option/Put Option/Derivatives A (Investment) Debit BS
Futures Contract Current Asset Debit BS
Sales Discount xRevenue Debit
Sales Discount Forfeited adjunt RevenueCredit
Sales Discount and Receivables xRevenue Credit
Allowance for sales returns and allowances xAR Debit
Construction in Process A Debit BS
Billings on Construction in Process xA Credit BS
Deferred Gross Profit xAR Credit BS
Realized Gross Profit Revenue Credit IS
Discount on Notes Receivable xA Credit
Income Tax Expense Expense Debit IS
Income Tax Payable L Credit BS
Deferred Tax Liability L Credit BS
Deferred Tax Asset A Debit
Allowance for Deferred Tax Asset xA Credit BS
Prepaid Expense A Debit BS
benefit due to loss carryback xITE Credit IS
income tax refund receivable A Debit BS
Pension Liability Credit
Pension Asset Debit
Leased Equipment PPE Asset Debit BS
gain on bargain purchase revenue credit IS
Permanent or Temporary
Permanent
Permanent
Permanent
Temporary
Permanent
Permanent
Temporary
Permanent
Permanent
Permanent
Permanent
Permanent
Temporary Used to sweeten the pot to get bond holders to convert
Permanent During issuance of a joint security
Temporary
Permanent
Permanent One type of stock compensation
Permanent
Temporary
Permanent
Permanent
Permanent (comprehensive income under equity)
Permanent (comprehensive income under equity)
Temporary
Temporary
Permanent
Permanent
permanent
permanent
temporary
permanent
permanent
permanent
temporary