2. GROUPS --------------- LEDGER
1.CASH IN HAND ---- Cash a/c; Petty Cash a/c
2.BANK ACCOUNT -------- Bank a/c
3.PURCHASE ACCOUNT ------ PURCHASE A/c
4.SALES ACCOUNT ------------ SALES a/c
5.FIXED ASSETS ---------- any non trading item
which could be used for more than one year.
(e.g : computer ; machine ; furniture for office use)
6.DIRECT EXPENSE -------- Carriage Inward ;
Carriage outward ; Packaging ; Wages.

3. GROUPS --------------- LEDGER
7. INDIRECT EXPENSE -------- any expense
other than direct expense & and non
trading item which would be used for less
than one year. ( e.g. :- rent ; stationary ;
travelling expense etc)
8.INDIRECT INCOME --------- any income other
than trading goods (e.g. discount received etc )
9. INVESTMENT ------------- any financial product
( e.g.:- bonds ; shares etc)

4. GROUPS --------------- LEDGER
10. SUNDRY CREDITOR--------Supplier or
Party from whom company purchases.
11.SUNDRY DEBTOR -------- Customer or
Party to whom company sells.
12. CAPITAL ACCOUNT ------------- Drawing a/c &
Capital a/c