FLOW CHART OF ACCOUNTS

INTRODUCTION:

Type of Accounts
Personal A/c	Real A/c	Nominal A/c
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Name or Bank Name	Goods & Fixed Assets	Expenses & Losses
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Capital A/c,Bank A/c,Ravi A/c,Supplier A/c,Customer A/c Etc..	Cash A/c , Furniture A/c,Purchase A/c , Cash Sales A/c,Credit Sales A/c,Computer A/c,Machinery Purchase A/c , Etc....	Rent Paid ,Salary Paid , Wages A/c , Fees Received ,Depreciation A/c , Etc..
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(Dr). Debit the Receiver (Cr.) Credit The Giver	(Dr). Debit What Comes In (Cr). Credit what Goes Out	(Dr). Debit all Expenses , Losses (Cr). Credit all Incomes & Gains
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Lenin Commenced Business With cash Rs.5000	Purchased Goods From Boy-Rs.2000	Salary Paid by Cheque Rs.1000
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Dr.Cash A/c (Real A/c) - Receiver Cr.Lenin Capital A/c (Personal A/c) - Giver	Dr.Purchase Goods A/c (Real A/c - Comes into Company) Cr.Boy A/c (Personal A/c - Giver)	Dr.Salary A/c (Expenses A/c ) Cr.Bank A/c (Personal A/c - Giver)
Dr.Cash A/c - 5000 Cr.Lenin Capital A/c 5000	Dr.Purchase Goods A/c 2000 Cr.Boy A/c 2000	Dr.Salary A/c 1000 Cr.Bank A/c 1000
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He Deposited into Bank A/c Rs.2000	Purchased Furniture Rs.1000 by Cash	Received Income for fees Rs.1000 by Cash
Dr.Bank A/c - 2000 Cr.Cash A/c - 2000	Dr.Furniture A/c -1000 Cr.Cash A/c - 1000	Dr.Cash A/c - 1000 Cr.Fees Received A/c-1000
Bank A/c is Receiver So Debit the Amount Cash A/c is Goes Out from Company So Credit the Amount	Furniture is Fixed Asset.it is comes into company So Debit Cash A/c -Amount Goes out from company So Credit	Cash A/c - Amount Comes into Business So Debit Fees is Income So Credit