About Ledger Accounts for Preferred Shares Processing
Eagle Accounting's core chart of accounts include the following ledger accounts added for preferred shares processing.Â
gl account (tag1288) | ledger account description (tag 1290) | gl sub account (tag 1289) | gl sub account desc (tag 1291) |
---|---|---|---|
2008000202 | Preferred Offering Payable | Liability | Balance Sheet |
2008000203 | Spin Off Offering Payable | Liability | Balance Sheet |
2006000850 | Distribution Payable Preferred | Liability | Balance Sheet |
3002000550 | Par Preferred Series | Capital | Income Sheet |
3005000250 | Dividends Paid Preferred Series | Capital | Income Sheet |
5009000600 | Offering Expense | Expense | Income Sheet |
5009000700 | Spin Off Expense | Expense | Income Sheet |