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List of possible accounts name

Account Names
Motor Van/Vehicles
Premises
Plant & Machinery
Land & Building
Fixture & Fittings
Office Equipment / Stationery
Debtors
Cash (in hand)
Cash (in bank)
Stock
Bank Loan
Creditors
Bank Overdraft

Account Types
Assets (Fixed)
Assets (Fixed)
Assets (Fixed)
Assets (Fixed)
Assets (Fixed)
Assets (Fixed)
Assets (Current)
Assets (Current)
Assets (Current)
Assets (Current)
Liabilities (Long-term)
Liabilities (Current)
Liabilities (Current)

Naturally entered as
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Credit
Credit
Credit

CAPITAL
Capital (Owner share)
Withdrawings
Sales
Sales Return (Return Inwards)
Commission Received
Discount Received
Interest Received
Purchases
Purchases Return (Return Outward)
Wages / Salaries
Insurance
Light & Heating (Electricity)
Carriage Inwards
Carriage Outwards
Commission Given
Discount Given
Rent expenses
Telephone expenses
General/Sundry expenses
Interest Expenses (on loan)
Bad Debts
Depreciation
Motor Van/Vehicles expenses

Capital
Reduction in Capital
Revenue
Reduction in Revenue
Revenue
Revenue
Revenue
Expenses
Reduction in Expenses
Expenses
Expenses
Expenses
Expenses
Expenses
Expenses
Expenses
Expenses
Expenses
Expenses
Expenses
Expenses
Expenses
Expenses

Credit
Debit
Credit
Debit
Credit
Credit
Credit
Debit
Credit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit

Profit/loss