Pet Store Chart of Accounts

by Gail
(Daggett, Michigan)

Pet Store Chart of Accounts

Pet Store Chart of Accounts

What does a typical Chart of Accounts look like for a Pet Store?

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Jan 03, 2018
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starstarstarstarstar 		Pet Store COA
by: Stephanie

Thank you for your question about what a typical Chart of Accounts looks like for a Pet Store business. Following is a sample Pet Shop COA:

ASSETS:
Petty Cash
Checking Account
Savings Account
Accounts Receivable
Pet Product Inventory
Prepaid Expenses

LIABILITIES
Accounts Payable
Loan Payable
Note Payable
Owner Payable

EQUITY:
Owners Contributions
Owners Distributions
Retained Earnings

INCOME:
Sales Pet Supplies
Sales Returns
Sales Discounts
Interest Income
Other Income

COST OF GOODS SOLD:
Purchases Pet Supplies
Purchses Discounts
Freight
Direct Labor

EXPENSES:
Advertising Expense
Automotive Expense
Insurance Expense
Office Expense
Rent Expense
Repairs & Maintenance
Telephone Expense
Utilities Expense
Other Expenses

This should help get you started and can be added to as needed.

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