13 – Investments – current – each investment account needs a unique account code

■ 14 – Accounts receivable, net

1401 – Accounts receivable – student

1409 – Allowance – student

1410 – Accounts receivable – grants

1419 – Allowance-grants

15 – Prepaid expenses

1510 Postage

1520 Insurance

1530 Other prepaids

Noncurrent assets are resources owned that are not easily converted to cash within a year.

16 – Capital assets – Property, plant, and equipment are capital assets with a useful life of more than one year acquired for use in the operation of the entity and not held for resale (Account type 16)

160X – Asset types – Land, land improvements, buildings, building improvements, equipment, vehicles, ERP software, library holdings, works of art, construction in progress

164X – Accumulated depreciation for each depreciable asset type

165X – Right-of-use assets

1651 – Leased assets

1661 – ROU Accumulated amortization

17 – Loans issued, collectible more than one year from the statement of net position date, Perkins Loans.

■ 18 – Endowment investments – long-term assets which are acquired without the intention of disposing of them in the future

Other assets

19 – Deferred outflows of resources

1901 – Net pension assets

1902 – Net OPEB assets

1910 – Deferred outflows – pensions

1920 – Deferred outflows – OPEB

20 – Liabilities include obligations and debts which are owed.

Current liabilities include obligations that are payable within one year.

21 – Accounts payable and accrued liabilities

2101 – Accounts payable, processed through payables subledger

2102 – Accounts payable – other, accruals

2103 – Credit cards payable

2120 – Accrued payroll liabilities

2121 - Net payroll payable

212X - Other payroll payable

213X – Payroll taxes payable