5 Element of Accounting

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                                 5 Element Accounting

                         .........................................

Assist ..

  1. Cash
  2. Account receivable
  3. Inventory
  4. Equipment ..
liability ..
  1. Account payable
  2. Bank loan
  3. Salaries payable
  4. Taxes payable ..
Equity ..
  1. Shares capital 
  2. Retain earning
  3. Owner's capital
  4. Reserves ..
Revenue ..
  1. Sales revenue
  2. Service revenue
  3. Interest income
  4. Rental income ..
Expenses ..
  1. Salaries expenses
  2. Rent expense
  3. Utility expense
  4. Depreciation expense ....



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