| Account code | Name of the Account | Debit ($) | Credit ($) |
| Capital Account Fixed Assets Accounts : * Land and Buildings………………….. * Plant and Machinery…………………….. . * Equipment, Tools…………………….. . * Furniture, Fixtures and Fitting………….. *Goodwill…………………………………. Current Assets Accounts : *Cash in hand……………………………….. * Sundry Debtors……………………. *Cash at Bank (Generally)………… *Bills Receivable………………….. * Stock of Raw Materials………………. * Work-in-progress…………………….. * Stock of finished goods……………….. . Miscellaneous Accounts : * Purchases…………………………………….. * Carriage inwards…………………….. * Carriage outwards………………………….. *Sales……………………………………………. * Sales Returns…………………………………. * Purchase Returns………………………….. * Interest due/outstanding……………….. * Commission/Discount paid……………… * Interest on drawings…………………….. * Long term Loan………………………….. * Bills Payable……………………..………. * Outstanding Salaries……………….. . * Prepaid Insurance……………………… * Loans advanced………..…………… . * Advances from Customers……………… * Drawings…………………….. . * Reserves and Surplus…………………. * Provision for bad and doubtful debts…. *Wages owing………………………….. | –
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