Unit – 8 : Maintenance of Cash/Subsidiary Books and Ledger Journal / Subsidiary Books and Ledger

Recording keeping Basics

• Recording
• Classifying
• Summarizing

Classification of Accounts

• Personal Accounts
• Impersonal Accounts
  • Real Accounts
    • Tangible
    • Intangible
  • Nominal Accounts
    • Interest, Rent, Carriage, Commission, Insurance
    • Salaries, Discount and wages etc