Limited companies
| Category | Type | Example |
| Sales | Income | The takings, fees, sales or money earned by the business |
| Other income | Income | Any other business income not included in sales |
| Admin | Expense | Phone, fax, stationery and other office costs |
| Advertising | Expense | Advertising and marketing costs |
| Bad debt | Expense | Irrecoverable debts written off |
| Corporation tax | Expense | The corporation tax cost |
| Entertaining clients | Expense | Business entertainment costs related to clients |
| Entertaining staff | Expense | Business entertainment costs related to staff |
| Financial charges | Expense | Countingup fees, credit card and other financial charges |
| Interest paid | Expense | Interest paid on loans |
| Other costs | Expense | Other business expenses |
| Premises costs | Expense | Rent, rates, power and insurance costs |
| Professional costs | Expense | Accountancy, legal and other professional fees |
| Purchases | Expense | Goods purchased with the intention of selling to customers |
| Repairs | Expense | Repairs and renewals of property and equipment |
| Staff | Expense | Wages, salaries and other staff costs |
| Travel | Expense | Car, van and travel expenses |
| Unknown | Expense | Unknown costs |
| Buildings | Asset | Cost to purchase or construct buildings for use by the business |
| Equipment | Asset | Cost to acquire and prepare equipment for use by the business |
| Motor vehicles | Asset | Cost to acquire and prepare motor vehicles for use by the business |
| Plant & machinery | Asset | Cost to acquire and prepare plant and machinery for use by the business |
| Intangibles | Asset | Cost of intangible items such as patents, radio licenses, and copyrights |
| Inventory | Asset | Value of tracked inventory items for resale |
| Petty cash | Asset | Cash in hand available for paying small expenses |
| Prepayments | Asset | Expenditure that has been paid for in advance but not yet consumed |
| Accrued income | Asset | Income which has been earned but not yet received |
| Suspense | Asset | Used to temporarily store transactions for which there is uncertainty about where they should be recorded |
| Accruals | Liability | Services the business has received but have not yet been invoiced for |
| Income in advance | Liability | Income the business has received but has not provided the goods or services for |
| VAT | Liability | VAT owed to or from HMRC |
| Provision for corporation tax | Liability | Corporation tax payable to HMRC |
| Director loan account | Liability | Money that the business owes to a director |
| Loan | Liability | Money that has been borrowed from a creditor |
| Capital | Equity | Money invested into the business by shareholders |
| Dividends | Equity |
Money paid out to shareholders of the business |