Account Numbering
1000 - 1999: asset accounts
2000 - 2999: liability accounts
3000 - 3999: equity accounts
4000 - 4999: revenue accounts
5000 - 5999: cost of goods sold
6000 - 6999: expense accounts
7000 - 7999: other revenue (for example, interest income)
8000 - 8999: other expense (for example, income taxes)
Dead Coil
D = Debit
E = Expenses
A = Assets
D = Dividends or Drawing
C = Credit
O = Owner's Equity
I = Income (Revenue)
L = Liabilities