Some Important Terms in Account Book Keeping:

• Transactions
• Capital
• Accounts
• Proprietor
• Drawings
• Purchases
• Purchase return
• Sales 
• Sale return
• Trade dis
• count
• Cash discount
• Commission
• Expenditure
• Expenses
• Debtor
• Creditor
• Assets
• Liabilities
• Owner equity
• Proprietor ship
• Bill receivable
• Bill payable