Use the following information to design and complete a chart of accounts using three digit account codes

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Use the following information to design and complete a chart of accounts using three digit account codes as per sample in the table below.

ACCOUNT ACCOUNT CODE ACCOUNT NAME CODE ACCOUNT NAME 100–199 400-499 Current Assets Equity Accounts Common Stock 101 10

Cash in the bank includes a chequing account, savings account, change fund and petty cash fund.
X pays for rent and insurance in advance.
When X started the business he purchased land, a building used for the store, furniture and fixtures, and computer equipment. There have been no additional purchases of capital assets.

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