Basic fundamental helps you to make correct category

Capital :- Amount invested by business owner
Assest :- tengible and intengible value
Fixed Assest :- furniture is a fixed assest
Crunt Assest :- a assest that can changeble in the form of cash
Expense :- all the expends payed by company
Liability :- loan is a form of libility
Revenue :- income is called revenue
Debtors :- customer
Creditors :- suplier
Vendors : - suplier
Ledger :- books of account
Depriciation :- deduction of assest value
Apriciation :- increased value of assest
Bad debt :- amount lost in business
Voucher :- is a avidance
Gross profit :-
Net profit
Provisons :- payble amount
Gst :- goods and service tax
Cess :- educational tax
Tds :- tax deduction at sourse
Itr :- income tax returns