Accounts - Principles of Accounts

debit profit and loss account, credit provision for doubtful debts account

credit provision for doubtful debts account; debit profit and loss account

credit trading account; credit provision and doubtful debts account

credit trading trading account; debit provision for doubtful debts account

credit debtor's account; debit provision for doubtful debts account

payment

accual

debtors

provision

reserves

stock

fixture

equiptment

rent

debtors

current liabilities over current assets

fixed assets over current assets

currents assets over current liabilities

current assets over fixed assets

long term liabilities fixed assets

goodwill

working capital

net profit

rtained earings

net loss