JAIIB AFB Unit 8 - Maintenance of Cash/Subsidiary Books and Ledger

Journal / Subsidiary Books and Ledger

Recording keeping Basics

                - Recording
                - Classifying
                - Summarizing

Classification of Accounts

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