classification of accounts modern approach

1. Assets Accounts
   1. Motor Car Account
   2. Furniture Account
   3. etc
2. Liabilities Accounts
   1. Bank Loan
   2. Sundry Creditors
   3. etc
3. Capital Account
   1. Ram’s Capital Account
   2. etc
4. Revenue/ Income & Gains Account
   1. Rent Received A/c
   2. Interest Received A/c
5. Expenses & Losses A/c
   1. Salary A/c
   2. Stationary A/c