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Type of Accounts Classify it on this basis c) Create following Sub-Groups under appropriate Predefined Groups: National Credit Suppliers International Credit Suppliers Investments in Local

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Type of Accounts
Classify it on this basis image text in transcribed
image text in transcribed
c) Create following Sub-Groups under appropriate Predefined Groups: National Credit Suppliers International Credit Suppliers Investments in Local Companies Investments in International Companies . . . . . Wages to Factory Workers Wages to Office Workers Salary to Factory Supervisor Plant & Machinery Land & Buildings Furniture & Fixtures National Credit Customers International Credit Custormers Salaries to Administrative Staff Office & Administrative Expenses Selling & Distributions Expenses Financial Charges . . . Accounts Receivable Bank Accounts Bank OCC A/C Bank OD A/C Branch / Divisions Cash & Cash equialents Current Assets Current Liabilities Deposits (Asset) Direct Expenses Direct Incomes Duties & Taxes Equity Expenses (Direct) Expenses (Indirect) Income (Direct) Income (Indirect) Indirect Expenses Indirect Incomes Investments Invetory Loans & Advances (Asset) Long-Term Liabilities Misc. Expenses (ASSET) Non-Current Assets Provisions Purchase Accounts Reserves & Surplus Retained Earnings Sales Accounts Secured Loans Sundry CrAccounts Payable 2 more Reserves & Surplus Retained Earnings Sales Accounts Secured Loans Sundry CrAccounts Payable Suspense A/C Unsecured Loans

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