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Accounts
Liabilities :
 
Capital Account 
Sundry creditors 
Rent payable 
Salary and wages payable 
Provision for depreciation 
Provision for bad debts 
Accrued Expenses 
Future dated payment 
Cost of removal – Clearing 
Intercompany Payables 
Deferred Depreciation Reserve 
Payables Suppliers 
Tax Payable 
Unearned Revenue
 
Assets :
 
Sundry debtors
Cash 
Building 
Vehicle 
Computers 
Machinery 
Cash Clearing Account 
Proceeds of Sale – Clearing 
Intercompany Receivables 
Depreciation Adjustments 
Asset Clearing Account 
Prepayments 
Receivable Factoring/Remittance 
Other Receivables 
 Autoaccounting Clearing 
Unbilled Receivables 
Allowance for Bad Debt
 
Revenue :
 
Sales – Training 
Discount Received 
Realized Gain Account 
Unrealized Gain Account 
Sales – Consulting
 
Expenses: 
 
Sales Expense 
Rent Expense 
Employee headcount 
Salary Expenses 
Depreciation - Building 
Depreciation - Vehicle 
Depreciation - Computers 
Depreciation - Machinery 
Bad debts 
Suspense Account 
Intercompany account 
Purchase Account 
Square Feet 
Unrealized Loss Account 
Realized Loss Account 
Cumulative Translation Adjustment 
Traveling Expense
Bank Charges 
Bank Errors 
Freight 
Gain on retirement – Proceeds of Sale 
Loss on retirement – Proceeds of Sale 
Gain on retirement – Cost of removal 
Loss on retirement – Cost of removal 
Gain on retirement – Net Book value 
Loss on retirement – Net Book value 
Deferred Depreciation expense 
Rounding 
 
Ownership:
 
Capital Account 
Retained Earnings
 
Category: My articles | Added by: Palakurthi (2010-06-26)
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