Example #1 Mr. John Wick wants to start a new clothing business. He has a total sum of $100,000 in his savings that can be invested. He owns a small shop at a primary location that can be used to start a retail clothing outlet

Firstly, Three "Balance Sheet" Account Categories:

1. Asset accounts: Resources of value the business owns and uses. 
Example: Cash on hand.
Example: Accounts Receivable.
2. Liability accounts: Debts the business owes.
Example: Accounts Payable.
Example: Salaries Payable.
3. Equity accounts: The owner's claim to business assets.
Example: Owner Capital.
Example: Retained Earnings.

Secondly, Two "Income Statement" Account Categories:

4. Revenue accounts: These can be, for example, earnings from selling goods and services, or investment income, or extraordinary income.
Example: Product Sales Revenues.
Example: Interest Earned Revenues.
5. Expense accounts: Expenses incurred in the course of business.
Example: Direct Labor Costs.
Example: Advertising Expenses.
In practice, even a small organization may list a hundred or more such accounts as the basis for its accounting system, and most organizations use many more. Nevertheless, for bookkeeping and accounting purposes, all named accounts fall into one of the five categories above.

Adding and Subtracting With Debits and Credits

In double-entry accounting, every financial transaction brings at least two equal and offsetting account changes. The change in one account is called a debit (DR), and the impact in another is called a credit (CR). Whether a DR or a CR increases or decreases the account balance depends on the kind of account involved, as Exhibit 3 below shows.
Har bir buxgalteriya hisobvarag'iga tranzaksiya qilingan debet yoki kreditning ta'siri beshta Hisob jadvali toifasidan qaysi biri hisobni o'z ichiga olganiga bog'liq.

Birinchidan, uchta "balans" hisob toifalari:
1. Aktiv hisoblari: korxona egalik qiladigan va foydalanadigan qiymat manbalari.
Misol: kassadagi naqd pul.
Misol: debitorlik qarzlari.