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Accounting Accounts

Accounting Accounts
Anyone know where I can find a list of all Accounting accounts?(with debits and credit information)?

i just want to know whether
Retained earnings is balanced at a credit or debit?

and is Cost of Goods Sold an expense? does it balace on a debit?

More information thanks!

The other answerer is right in that there is no such list. You name your accounts any way you want to. However the principles apply – Assets, costs and expenses are debits; liabilities, capital and revenues are credits. Retained earnings is usually a credit, unless the company has made losses such that the retained earnings account has gone into a debit. When the retained earnings is in debit, most people term that Accumulated losses, but there’s no hard and fast rule.

COGS is always a debit.

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