Answer pls...

shravya (student) (33 Points)

29 March 2012  

 

 
 
Dear friends, we all know that all the accounts can be simply categorized into 5 types. They are Assets, Liabilities, Capital, Expenses/Losses, Revenues/Gains. But i was unable to understand under which category the following accounts fall. So please explain with step by step reason.
1. Drawings   2. Outstanding salary   3. Charity   4. Sales return