diff --git a/settings_account_types_add_modal.php b/settings_account_types_add_modal.php
index 631e691c..141c25e0 100644
--- a/settings_account_types_add_modal.php
+++ b/settings_account_types_add_modal.php
@@ -16,10 +16,18 @@
                     <div class="form-group">
                         <label>Account Type</label>
                         <select class="form-control select2" name="type">
-                            <option value="">- Select -</option>
-                            <option value="10">Assets</option>
-                            <option value="20">Liabilities</option>
-                            <option value="30">Equity</option>
+                            <option value=""<?php if ($account_type == NULL)
+                                echo ' selected';
+                            ?>>- Select -</option>
+                            <option value="10"<?php if ($account_type == 'Assets')
+                                echo ' selected';
+                            ?>>Assets</option>
+                            <option value="20"<?php if ($account_type == 'Liabilities')
+                                echo ' selected';
+                            ?>>Liabilities</option>
+                            <option value="30"<?php if ($account_type == 'Equity')
+                                echo ' selected';
+                            ?>>Equity</option>
                         </select>
                     </div>
                     <div class="form-group">