charts of accounts & debit credit rules

Charts Of Accounts  Debit Credit Rule 

Account Group	Ledger Name
Capital A/C	Owner Capital A/c
Capital A/C	Drawings
Capital A/C	Equity Share
Indirect Expense	Salary Expense
Indirect Expense	Rent Expense
Indirect Expense	Conveyance Expense
Indirect Expense	Commission Expense
Indirect Expense	Courier Charges
Indirect Expense	Office Maintainense Expense
Indirect Expense	Telephone Expense
Indirect Expense	Refreshment Expense
Indirect Expense	Internet Expese
Indirect Expense	Electricity Expense
Indirect Expense	Stationary Expense
Indirect Expense	Freight Expense
Direct Expense	Wages
Direct Expense	Factory Rent
Direct Expense	Dock Dues
Direct Expense	Carriage Inwards
Direct Expense	Import Duty
Direct Expense	Royalty
Direct Expense	Production Related Expense
Fixed Assets	Furniture & fixture Expense
Fixed Assets	Electricity Fittings
Fixed Assets	Computer
Fixed Assets	Phone
Fixed Asset	Fan
Fixed Asset	A/c
Current Asset	Bank A/c
Current Asset	Petty cash
Current Asset	Receivable Amount
Current Asset	Cash
Deposite Asset	Security Deposit
Loan A/c	Loan from bank
Sundry Creditor	Vendor, Supplier, Dealer
Sundry Debtor	Customer
Sales	Sales
Purchase	Purchase
Duties & Taxes	Cgst
Duties & Taxes	Sgst
Duties & Taxes	Igst
Duties & Taxes	Tds
Suspense A/c	Suspense A/c

Debit Credit Rules

Accounts	Increase	Decrease
Capital	Credit	Debit
Asset	Debit	Credit
Expense	Debit	Credit
Liability	Credit	Debit
Revenue	Credit	Debit