ASSETS: Cash at Bank, Inventories, Accounts Receivable, Furniture, Equipment, Computer equipment, Land, Premises, Buildings, Shares in XYZ Co, Patent on product Z, Stock, Fixtures and fittings, Vehicle, LIABILITIES: Bank overdraft, Loan from Bank, Accounts payable, Mortgage on building, OWNER'S EQUITY: Capital, Drawings, EXPENSES: Purchases of stock, Rent expense, Rates, Electricity, Stationery items, Vehicle expenses, Advertising, Mobile phone charges, Internet connection fees, Interest charges, Commission expense, REVENUE: Sales of stock, Rent revenue, Interest earned, Share dividends, Fees revenue, Service revenue, Commission revenue,
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