GM Accounting Manual
To General Motors Dealer
To the Dealer's Accountant
Frequently Asked Questions
Chart of Accounts
Balance Sheet
Assets
200 Cash on Hand (Petty Cash)
201 Cash on Hand
202 Cash in Bank
205 Contracts in Transit
210 Notes Receivable - Customers
220 Accounts Receivable - Customers
225 Cash Sales
230 Demonstrators
231 New Cars
235 Medium Duty Trucks
237 New Trucks
238 Other Automotive
240 Used Cars
241 Used Trucks
242 Parts and Accessories
243 Tires
244 Gas, Oil and Grease
245 Paint and Body Shop Materials
246 Sublet Repairs
247 Work In Process - Labor
252 Other (Inventory)
258 Miscellaneous Assets Received in Trade (Inventory)
260 Securities
261 Factory Receivables
262 Due From Finance Companies
263 Warranty Claims
264 Insurance Commissions Receivable
270 Prepaid Taxes
271 Prepaid Insurance
274 Prepaid Other
275 Driver Training Vehicles
277 Lease and Rental Vehicles
280 Land - Auto Business Only
281 Building and Improvements - Auto Business Only
282 Machinery and Shop Equipment
283 Parts and Accessories Equipment
284 Furniture and Fixtures
285 Company Vehicles
286 Leaseholds
287 Information Technology - Hardware
288 Information Technology - Software
289 Other Fixed Assets
291 Life Insurance - Cash Value
293 Notes and Accounts Receivable - Officers
294 Notes and Accounts Receivable - Other
296 Other Investments and Miscellaneous Assets
Liabilities
Owner's Equity
New Vehicles
Used Vehicles
Fixed Operations
Expenses
Finance and Insurance
Lease and Rental
Additions & Deductions
Adjustments
GM Operating Report
Computations
Internal Controls
Office Functions and Duties of Office Employees
Fleet and Commercial Sales and Gross Activity (Page 5K)
Recommended Repossession Accounting Procedures
Glossary
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