Accounting

Chart of accounts, journal entries, and financial reports

Code	Account Name	Type	Normal Bal.	Balance
1000	Assets	Asset	Debit	UGX 245,000,000
1100	Cash and Bank	Asset	Debit	UGX 45,000,000
1200	Loan Receivables	Asset	Debit	UGX 180,000,000
1300	Interest Receivable	Asset	Debit	UGX 12,000,000
1400	Fixed Assets	Asset	Debit	UGX 8,000,000
2000	Liabilities	Liability	Credit	UGX 95,000,000
2100	Accounts Payable	Liability	Credit	UGX 5,000,000
2200	Customer Prepayments	Liability	Credit	UGX 8,000,000
2300	Borrowings	Liability	Credit	UGX 75,000,000
2400	Tax Payable	Liability	Credit	UGX 7,000,000
3000	Equity	Equity	Credit	UGX 150,000,000
3100	Share Capital	Equity	Credit	UGX 100,000,000
3200	Retained Earnings	Equity	Credit	UGX 50,000,000
4000	Revenue	Revenue	Credit	UGX 42,000,000
4100	Interest Income	Revenue	Credit	UGX 35,000,000
4200	Fee Income	Revenue	Credit	UGX 5,000,000
4300	Penalty Income	Revenue	Credit	UGX 2,000,000
5000	Expenses	Expense	Debit	UGX 28,000,000
5100	Interest Expense	Expense	Debit	UGX 9,000,000
5200	Provision for Loan Losses	Expense	Debit	UGX 5,000,000
5300	Salaries & Wages	Expense	Debit	UGX 8,000,000
5400	Office & Administration	Expense	Debit	UGX 4,000,000
5500	Technology & Software	Expense	Debit	UGX 2,000,000