| Level |
Account Name |
```
| 1 | Assets |
| 1.1 | Current Assets |
| Cash & Cash Equivalents |
| Cash in Hand |
| Bank Accounts |
| Accounts Receivable |
| Trade Debtors |
| Employee Receivable |
| Inventory |
| Raw Materials |
| Work-in-Progress (WIP) |
| Finished Goods |
| Advances & Prepayments |
| Supplier Advances |
| Prepaid Expenses |
| 1.2 | Non-Current Assets |
| Property, Plant & Equipment |
| Land |
| Building |
| Factory Building |
| Machinery & Equipment |
| Furniture & Fixtures |
| Vehicles |
| Intangible Assets |
| Software |
| Licenses |
| Capital Work-in-Progress |
| 2 | Liabilities |
| 2.1 | Current Liabilities |
| Accounts Payable |
| Trade Creditors |
| Sundry Creditors |
| Short-Term Loans |
| Accrued Expenses |
| Salary Payable |
| Utility Payable |
| Taxes Payable |
| VAT Payable |
| Income Tax Payable |
| 2.2 | Non-Current Liabilities |
| Long-Term Loans |
| Deferred Tax Liability |
| 3 | Equity |
| Share Capital |
| Retained Earnings |
| Owner’s Equity |
| 4 | Revenue (Income) |
| Sales Revenue |
| Finished Goods Sales |
| Scrap Sales |
| Other Income |
| Interest Income |
| Miscellaneous Income |
| 5 | Cost of Goods Sold (COGS) |
| Opening Inventory |
| Raw Material Consumption |
| Direct Labor |
| Factory Overhead |
| Factory Rent |
| Factory Utilities |
| Machine Depreciation |
| Indirect Labor |
| Closing Inventory (Less) |
| 6 | Operating Expenses |
| 6.1 | Administrative Expenses |
| Office Salaries |
| Office Rent |
| Utilities (Office) |
| Stationery |
| Depreciation (Office Assets) |
| 6.2 | Selling & Distribution Expenses |
| Sales Salaries |
| Commission |
| Advertising & Marketing |
| Transportation & Delivery |
| Packing Expenses |
| 7 | Manufacturing Control Accounts |
| Raw Material Control |
| WIP Control |
| Finished Goods Control |
| Production Overhead Control |
| Labor Cost Control |
```
