Page 108 - Account 10

18. Establishment Expenses ×××× Assets
19. Adm. & office expenses ×××× Expenses
20. Patent ×××× Assets
21. Bills receivable ×××× Assets
22. Investment ×××× Assets
23. Depreciation ×××× Expenses
24. Custom, tax &fees ×××× Expenses
25. Debtor ×××× Assets
26. Interest expenses ×××× Expenses
27. Insurance & Advertisement ×××× Expenses
28. Phone & post expenses/electricity ×××× Expenses
29. Printing, transportation & fuel ×××× Expenses
30. Capital ×××× Capital
31. Purchase return ×××× Decrease in purchase
32. Accrued expenses ×××× Liabilities
33. Sales ×××× Revenue
34. Unearned commission ×××× Liabilities
35. Interest received ×××× Income
36. Bank overdraft ×××× Liabilities
37. Bankers ×××× Liabilities
38. Commission received ×××× Income
39. Appreciation on building ×××× Income
40. Rent received ×××× Income
41. Customers’ deposits ×××× Income/ Liabilities
42. Discount received ×××× Income
43. Unpaid expenses ×××× Liabilities
44. Creditor ×××× Liabilities
45. Provision for taxation ×××× Liabilities
46. Loan and bills payable ×××× Liabilities
47. Sinking fund ×××× Capital
48. Reserves ×××× Capital
49. Advance income/commission ×××× Liabilities
50. Carriage inward ×××× Expenses
51. Import/excise duty ×××× Expenses
52. Royalties ×××× Expenses
53. Cartage ×××× Expenses
54. Motive power ×××× Expenses
55. Audit fees ×××× Expenses

108 Aakar’s Office Practice and Accountancy - 10 Trial Balance 109