Account code

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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