Posted:



CHART OF ACCOUNTS FOR HORSE OWNERS
CHART OF ACCOUNTS FOR HORSE OWNERS

 
INCOME 
 
ADMINISTRATIVE EXPENSES 
505 Training Fees 801 Advertising
506 Purses Earned 807 Accounting
508 Board and Care 811 Bank Charges
519 Horses Sold 812 Box Seats
502 Other Income 814 Client Expenses Paid
    815 Commissions
    825 Dues
  COST OF HORSE OPERATIONS 826 Employee Benefits
    827 Entertainment
    832 Insurance General
701 Auto and Truck - Gas/Oil 834 Interest
702 Barn Stakes 839 Legal
703 Board and Care 841 Licenses
704 Breeding Fees 847 Office Expense
705 Clippings 849 Office Supplies
706 Dentistry 850 Pedigrees
707 Entry Fees 853 Postage
708 Equipment Rental 858 Programs and Forms
709 Exercise Riders 860 Refunds
710 Farrier 861 Rent - Business
711 Feed Purchased 869 Seminars
713 Jockey Fees 870 Small Tools
732 Lodging - Away From Home 872 Subscriptions
733 Meals - Away From Home 874 Taxes - Sales
735 Medicine and Vitamins 875 Taxes - Other
737 Mortality Insurance 876 Taxes - Personal Prop
739 Nominations 877 Taxes - Payroll IRS
741 Outside Horse Trainers 878 Taxes - Payroll EDD
743 Outside Services 879 Taxes - Horses
744 Payroll Account 880 Telephone Business
749 Photographs & Videos 881 Trash Removal
752 Pony to Post 882 Travel - Air
753 Registration Foals 884 Utilities - Business
754 Rent - Stalls    
755 Repairs - Auto-& Truck    
756 Repairs - Building 215 Horses Purchased
757 Repairs - Equipment 203 Equipment Purchased
758 Sales Preparation    
761 Shavings 433 Draw - Personal
762 Show Costs 433 Draw - Loans Payable
765 Silks 433 Draw - Notes Payable
768 Supplies    
769 Stallion Expenses    
770 Tack and Equipment    
771 Training Fees    
772 Transfers    
774 Vanning or Hauling    
775 Veterinary Fees    
777 Waste & Manure Removal    
779 Workmen's Comp Insurance    

Chart provided by Patrick Hurley.