Capital A/c
- Mohan Capital Account
- Syscom Capital Account
- Drawing or Withdrawal Account
- House Rent
- Income Tax
- LIC Premium – Debit
- LIC Refund – Credit
- Mediclaim Insurance Premium – Debit
- Mediclaim Insurance Premium – Credit
- Personal Expenses
Purchase Accounts
- Purchase of Ram medical
- Purchase of Services
- Purchase of Finished Goods
- Purchase Returns
GST Purchase Ledgers according to different rates:
- Purchase @ 0%
- Purchase @ 5%
- Purchase @ 12%
- Purchase @ 18%
- Purchase @ 28%
Sales Accounts
- Sales of Shivkumar Shop
- Sales of Services
- Sales of Finished Goods
- Sales Returns
GST Sales Ledgers according to different rates:
- Sales @ 0%
- Sales @ 5%
- Sales @ 12%
- Sales @ 18%
- Sales @ 28%
Indirect Expenses
- Advertisement Expenses
- Auditing Fees
- Bad Debts
- Bank Charges
- Bank Commission
- Vehicle Expenses such as Car Expenses or Truck Repair
- Carriage Outwards i.e. on sales
- Commission on Sales or any other commission
- Depreciation on Fixed Assets
- Donation of any kind
- Insurance including Fire Insurance & Marine Insurance
- Forex loss due to change in exchange rates
- General Expenses
- Factory Rent
- Warehouse Rent
- Godown Rent
- Interest Expense including Interest on Loan
- Interest on Capital for Personal Accounts
- Legal Expenses
- Loss due to damage
- Loss due to fire
- Loss in Transit
- Loss on Assets
- Loss on Joint Venture
- Repairs for Machinery
- Commission to Manager
- Misc. Expenses
- Office Expenses
- Packing Expenses
- Fuel Expenses
- Postage, Courier, Fax, Telegram and Mail Expenses
- Printing, Stationery and Advertisement Expenses
- Provision for Bad & Doubtful Debts
- Provision for Discount on Debtors
- Refreshment Expenses such as tea, coffee, biscuits etc.
- General Repairs and Renovation Expenses
- Shop Expenses
- Shop Rent
- Showroom Repair
- Trade Expenses
- Travelling Expenses
Direct Expenses
- Discount given on Sales
- Cash Discount given on Sales
- Direct Materials
- Freight Charges
- Labour Charges or Wages
- Payroll Taxes like Professional Taxes
- Salaries
- Manufacturing Expenses
- Electricity Expenses relating to factory
- Loading & Unloading Expenses
- Warehousing Expenses
- Customs Clearing Expenses
- Wages
- Carriage in word
- Cool gas water lighting
- Fuel power
- Productive Exp
- And all factory Exp
- Railway freight
- Rent and Tax
Direct Incomes
- Interest receive
- Commission receive
- Discount receive
- Discount on Creditors
- Interest on drawing
- Interest on investment
- Old reserve
- Profit on consignment
- Profit on joint venture
- Profit on sales of assets
- Rent receive
- Sundry income
Indirect Incomes
- Dividend Income
- Sale of Scrap
- Bad Debts Received
- Commission Received
- Discount Received
- Insurance Claim Received
- Interest on Drawings for personal accounts
- Interest Received
- Misc. Income
- Provision for Discount on Creditors
- Profit on Sale of an Asset
- Profit on Sale of an Investment
Current Assets
- Accrued income
- Bill receive
- Closing stock
- Good will
- Investment
- Insurance claim
- Prepaid tax
- Suspense a/c
- Stores
- Loan in staff
- Cash Account
- Petty Cash Account
- Sundry Debtors or Account Receivables
- Bills Receivables Account
- Income Tax Refunds
- Cash in Advance to Employees
- Insurance Claim Receivable
- GST Refunds
- VAT Refunds
- Excise Refunds
- Customs Refunds
- Closing Stock
- Work-in-Progress
- Finished Goods
- Manufacturing Materials
- Packaging Materials
- Office Supplies such as pens, pencils, staplers, tape and so on.
- Advance Payments for any Purchases
- Interest Receivable
- Accrued Income
- Advance Deposits – Deposits paid in advance for purchasing goods and services.
Fixed Assets
- Buildings
- Factories
- Offices
- Furniture
- Computers
- Mobiles used for business
- Equipments
- Machinery
- Vehicles used for business
Current Liabilities
- Sundry Creditors or Accounts Payables
- Income Tax Payable
- GST Payable
- VAT Payable
- Excise Payable
- Customs Payable
- Interest Payable
- Bank Account Overdrafts
- Bank Account Open Cash Credit
- Accrued Expenses like salaries payable.
- Customer Deposits.
- Dividends Payable.
- Short Term Loans
Deposits (Assets)
- Telephone Deposit
- Credit Card Deposit
- Refundable Deposits in colleges, schools, libraries, trusts etc.
- Advance Deposit for purchasing goods or services
- VAT Deposit
- Excise Deposit
- Customs Deposit
Duties & Taxes
- Input CGST
- Input SGST
- Input IGST
- Input GST Cess
- Output CGST
- Output SGST
- Output IGST
- Output GST Cess
- Input VAT
- Output VAT
- Input Excise Duty
- Output Excise Duty
- Customs Duty
- Income Tax Payable
- Income Tax Refundable
- Professional Tax Payable
- Professional Tax Refundable
Bank Accounts
- State Bank of India
- HDFC Bank
- Bank of Baroda
Cash-in-Hand
- Cash Account
- Petty Cash Account
Deposits (Assets)
- Telephone Deposit
- Credit Card Deposit
- Refundable Deposits in colleges, schools, libraries, trusts etc.
- Advance Deposit for purchasing goods or services
- VAT Deposit
- Excise Deposit
- Customs Deposit
Investments
- Shares
- Mutual Funds
- Bonds
- National Savings Certificates
- Post Office Savings Deposits
- Investment in Gold
- Investment in Silver
- Gold, Silver and other precious ornaments
Loans & Advances (Assets)
- Loan given to an Employee
- Loan given to a Partner
- Loan given to a Director
- Income Tax Refund Not Received
- GST Refund Not Received
- Customs Refund Not Received
- Excise Refund Not Received
- VAT Refund Not Received
Loans (Liability)
- Loans taken from Banks
- Loans taken from Financial Institutions such as NBFC (Non-Banking Financial Companies)
- Loan taken from Government
- Loan taken from Director
- Loan taken from Partner
- Loan taken from an Employee
Reserves
- Capital Reserve
- Bad Debt Reserve
- Capital Redemption Reserve
- Dividend Redemption Reserve
- Preference Redemption Reserve
- Debenture Redemption Reserve
- Bond Redemption Reserve
Secured Loans
- Mortgage Loan
- Term Loan
- Car Loan
- Cash Credit
- Secured Overdraft
Unsecured Loans
- Education Loan
- Personal Loan
- Overdraft – without deposit as a security
- Credit Card – without deposit as a security
Sundry Debtors
- जब हम किसी व्यक्ति या संस्था को उधार माल बेचते है तब बह हमारा देनदार(debtor) कहलाता है
Sundry Creditor
- जब हम किसी व्यक्ति या संस्था से उधार माल खरीदते है जिसे आगे चलकर पैसा चुकाना होता है तब बह हमारा लेनदार (Creditor) कहलाता है
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