This document outlines 12 groups of accounts and the ledgers they are linked to in accounting. The groups include cash accounts, bank accounts, purchase accounts, sales accounts, fixed assets, direct expenses, indirect expenses, indirect income, investments, sundry creditors, sundry debtors, and capital accounts. Each group is defined along with examples of the types of transactions or items that would be included in each ledger account.

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