The amount in the Supplies Expense account reports the amounts of supplies that were used during the time interval indicated in the heading of the income statement. A related account is Insurance

Give your customers the flexibility to update payment methods, select their preferred payment dates, and opt-out at any time. Invite customers to a simplified enrollment process via email, offering them the choice

It also includes account type definitions along with examples of the types of transactions or subaccounts each may include. An added bonus of having a properly organized chart of accounts is that