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Classification of accounts - Debit or Credit for Sec 3

Author: Tan Juliet
Description:
Keywords: , , , , , , online teaching

Content:
Groups:
1. Debit
2. Credit
3. group_name3
4. group_name4

Objects:
0. Property
1. Bank loan
2. Cash in hand
3. Premises
4. Other receivables
5. Cash at bank (Cr)
6. Land and building
7. Bank overdraft
8. Motor vehicles
9. Cash at bank
10. Fixtures and fittings
11. Trade payables
12. Other payables
13. Rental income
14. Sales revenue
15. Cost of sales
16. Plant and machinery
17. Wages and salaries
18. Equipment
19. Mortgage loan
20. Sales returns
21. Trade receivables
22. Utilities
23. Repair expense
24. Discount allowed
25. Interest on bank loan
26. Inventory
27. Discount received
28. Rent expense
29. Commission expense
30. Interest earned
31. Advertising expense
.