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1. Asset Class
2. Expense Class
3. Income Class
4. Liability Class
5. Capital Class

Land and buildings

Cash and bank

Carriage outwards

Inventory

Purchases

Prepaid incomes

Goodwill

Accrued expenses

Irrecoverable debts recovered

Drawings

Bank overdraft

Rent received

Discount allowed

Trade payables

Revenue (sales)

Carriage inwards

Capital

Commission received

Rent paid

Discount received

Sales returns

Bank loan

Debentures

Motor vehicles

Irrecoverable debts

Trade receivables