Chart of Accounts with GIFI Codes UNIVERSAL by wanghonghx

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									                              UNIVERSAL CONSTRUCTION
                            Chart of Accounts with GIFI Codes
                                        1-Jun-11


Account                   Account                   Account        GIFI    Current
Number                   Description                  Type         Code    Balance
   1000   CURRENT ASSETS                        Group Heading
   1080   Regal Bank: Current                   Subgroup Account   1002     91,138.64
   1090   Regal Bank: Savings                   Subgroup Account   1002     63,716.09
   1095   Regal Bank: US Dollar                 Subgroup Account               363.44
   1100   Oakville Dominion Bank: Payroll       Subgroup Account   1002     70,337.02
   1120   Cash: Net                             Subgroup Total             225,555.19
   1150   AMEX Receivable                       Subgroup Account   1062     10,597.16
   1160   MasterCard Receivable                 Subgroup Account   1062     34,895.19
   1170   VISA Receivable                       Subgroup Account   1062      1,911.72
   1180   Credit Card Receivables: Net          Subgroup Total              47,404.07
   1200   Accounts Receivable                   Subgroup Account   1062    471,951.62
   1240   Advances Receivable                   Subgroup Account   1062          0.00
   1250   Receivables: Net                      Subgroup Total             471,951.62
   1320   Prepaid Expenses                      Group Account      1484      5,955.57
   1400   TOTAL CURRENT ASSETS                  Group Total        2599    750,866.45
   1500   INVENTORY ASSETS                      Group Heading
   1520   Drywall                               Group Account      1122      81,916.85
   1540   Hardware                              Group Account      1122     216,114.68
   1560   Lumber                                Group Account      1122     652,321.35
   1580   Roofing Materials                     Group Account      1122     256,565.13
   1690   TOTAL INVENTORY ASSETS                Group Total        2599   1,206,918.01
   1700   CAPITAL ASSETS                        Group Heading
   1720   Buildings                             Subgroup Account   1680     80,000.00
   1740   Accum Amort: Buildings                Subgroup Account   1681    -30,000.00
   1750   Buildings: Net                        Subgroup Total              50,000.00
   1780   Equipment                             Subgroup Account   1746    156,738.75
   1800   Accum Amort: Equipment                Subgroup Account   1747    -75,500.00
   1810   Equipment: Net                        Subgroup Total              81,238.75
   1840   Vehicles                              Subgroup Account   1742      8,988.00
   1860   Accum Amort: Vehicles                 Subgroup Account   1743          0.00
   1870   Vehicles: Net                         Subgroup Total               8,988.00
   1890   Land                                  Group Account      1600    195,000.00
   1900   TOTAL CAPITAL ASSETS                  Group Total        2599    335,226.75
   2000   CURRENT LIABILITIES                   Group Heading
   2200   Accounts Payable                      Group Account      2621    110,328.39
   2250   Amex Payable                          Subgroup Account            15,115.64
   2260   MasterCard Payable                    Subgroup Account             3,364.06
   2270   VISA Payable                          Subgroup Account            18,951.57
   2280   Credit Card Payable: Net              Subgroup Total              37,431.27
   2300   Vacation Payable                      Group Account      2624      6,363.04
   2310   EI Payable                            Subgroup Account   2627     12,169.45
   2320   CPP Payable                           Subgroup Account   2627     12,487.40
   2330   Income Tax Payable                    Subgroup Account   2628     89,805.56
   2340   Receiver General Payable              Subgroup Total             114,462.41
   2350   WCB Payable                           Group Account      2627      2,364.10
   2360   QPP Payable                           Subgroup Account   2627        212.48
   2370   Quebec Tax Payable                    Subgroup Account   2628      3,019.71
   2380   QHSF Payable                          Subgroup Account   2627        664.56
   2390   Quebec Minister of Finance            Subgroup Total               3,896.75


                                                     Page 1
                             UNIVERSAL CONSTRUCTION
                           Chart of Accounts with GIFI Codes
                                       1-Jun-11


Account                   Account                  Account         GIFI    Current
Number                  Description                  Type          Code    Balance
   2400   RRSP Payable                         Group Account      2627        4,187.58
   2420   Union Payable                        Group Account      2627         -832.40
   2440   Medical Payable                      Group Account      2627           26.80
   2445   Misc A                               Group Account      2627            0.00
   2450   Misc B                               Group Account      2627            0.00
   2460   PST Payable                          Group Account      2680       19,956.25
   2490   GST Paid On Purchases                Subgroup Account   2680     -264,937.42
   2510   GST Charged On Sales                 Subgroup Account   2680      206,275.52
   2515   GST Payroll Deductions               Subgroup Account   2680            0.00
   2520   GST Adjustments                      Subgroup Account   2680            0.00
   2525   ITC Adjustments                      Subgroup Account   2680            0.00
   2530   Net GST Owing/Refund                 Subgroup Total     2680      -58,661.90
   2540   Import Duty Clearing                 Group Account      2620            0.00
   2550   TOTAL CURRENT LIABILITIES            Group Total        3499      239,522.29
   2600   LONG TERM LIABILITIES                Group Heading
   2620   Bank Loan                            Group Account      3143      46,000.00
   2630   Mortgage Payable                     Group Account      3141     100,000.00
   2640   Shareholders' Loan                   Group Account      3260      17,300.00
   2700   TOTAL LONG TERM LIABILITIES          Group Total        3499     163,300.00
   3000   PAID IN CAPITAL                      Group Heading
   3020   Class A Common                       Group Account      3500      50,000.00
   3040   Class B Common                       Group Account      3500      30,000.00
   3100   TOTAL PAID IN CAPITAL                Group Total        3620      80,000.00
   3500   RETAINED EARNINGS                    Group Heading
   3560   Retained Earnings - Previous Year    Group Account      3620    1,344,506.70
   3600   Current Earnings                     X                  3620      465,682.22
   3620   TOTAL RETAINED EARNINGS              Group Total        3849    1,810,188.92
   4000   REVENUE: Services                    Group Heading
   4020   Drafting                             Group Account      8000      92,000.00
   4040   Engineering Consulting               Group Account      8000     270,000.00
   4060   Estimating Consulting                Group Account      8000      90,000.00
   4080   Surveying                            Group Account      8000     362,500.00
   4100   Freight Revenue                      Group Account      8000      26,110.00
   4105   TOTAL REVENUE: Services              Group Total        8299     840,610.00
   4110   REVENUE: Miscellaneous               Group Heading
   4120   Bank Interest                        Group Account      8103       10,700.00
   4130   Sales Discounts                      Group Account      8000      -15,191.37
   4135   Gain                                 Group Account      8210        1,322.44
   4140   TOTAL REVENUE: Miscellaneous         Group Total        8299       -3,168.93
   4400   REVENUE: Residential                 Group Heading
   4420   Single Family                        Group Account      8000     690,710.00
   4440   Apartments                           Group Account      8000     117,756.50
   4500   TOTAL REVENUE: Residential           Group Total        8299     808,466.50
   4700   REVENUE: Commercial                  Group Heading
   4720   Shopping Mall                        Group Account      8000     288,993.00
   4740   Office                               Group Account      8000     323,075.03
   4800   TOTAL REVENUE: Commercial            Group Total        8299     612,068.03
   5000   DIRECT COSTS                         Group Heading
   5020   Material: Drywall                    Subgroup Account   8518      47,797.86


                                                    Page 2
                          UNIVERSAL CONSTRUCTION
                        Chart of Accounts with GIFI Codes
                                    1-Jun-11


Account                   Account               Account         GIFI    Current
Number                   Description              Type          Code    Balance
   5040   Material: Hardware                Subgroup Account   8518       91,385.59
   5060   Material: Lumber                  Subgroup Account   8518      717,557.96
   5080   Material: Roofing                 Subgroup Account   8518      455,140.07
   5100   Materials: Net                    Subgroup Total             1,311,881.48
   5125   Purchase Discounts                Group Account      8518      -11,556.77
   5150   Equipment Rentals                 Group Account      8914      106,050.00
   5300   Wages                             Subgroup Account   9060       86,195.20
   5310   EI Expense                        Subgroup Account   8622        3,161.33
   5320   CPP Expense                       Subgroup Account   8622        2,580.35
   5330   WCB Expense                       Subgroup Account   8622        2,048.31
   5340   QPP Expense                       Subgroup Account   8622            0.00
   5350   QHSF Expense                      Subgroup Account   8622          153.36
   5360   Burden: Net                       Subgroup Total                94,138.55
   5380   Subcontractors                    Group Account      9110       56,400.00
   5390   Union                             Group Account      8350            0.00
   5400   Freight Expense                   Group Account      9275       23,335.00
   5440   Transfer Costs                    Group Account      9270           -0.30
   5450   Adjustment Write-off              Group Account      9270          107.50
   5490   TOTAL DIRECT COSTS                Group Total        9368    1,580,355.46
   5500   GENERAL AND ADMINISTRATION        Group Heading
   5520   Accounting And Legal Fees         Group Account      8862           0.00
   5540   Advertising And Promotion         Group Account      8520     112,957.62
   5560   Bad Debts                         Group Account      8590           0.00
   5580   Bank Charges                      Group Account      8715      14,850.00
   5590   Bank Rec. Adjustments             Group Account      8715           0.00
   5600   Amortization                      Group Account      8670      16,850.00
   5620   Insurance                         Group Account      8690      24,000.00
   5640   Office Rent                       Group Account      8911      16,000.00
   5660   Telephone                         Group Account      9225       8,000.00
   5680   Utilities                         Group Account      9220       8,000.00
   5700   AMEX Commissions                  Subgroup Account   9273       5,965.70
   5720   MasterCard Commissions            Subgroup Account   9273       2,919.09
   5740   VISA Commissions                  Subgroup Account   9273       2,248.86
   5760   Credit Card Commissions: Net      Subgroup Total               11,133.65
   5762   AMEX Charges                      Subgroup Account   8716         123.53
   5764   MasterCard Charges                Subgroup Account   8716          23.12
   5766   VISA Charges                      Subgroup Account   8716           0.00
   5767   Credit Card Charges: Net          Subgroup Total                  146.65
   5770   Currency Exchange & Rounding      Group Account      8231           0.00
   5785   Loss                              Group Account      8210           0.00
   5800   TOTAL GENERAL & ADMIN             Group Total        9368     211,937.92




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