How accounting elements are categorized

Accounting elements are mainly divided into five categories:

(1) assets such as cash, bank deposits, fixed assets, etc.;

(2) liabilities such as short-term borrowing, accounts payable, etc.;

(3) all the rights and interests of the class of accounts: paid-in capital, capital surplus, surplus reserves, etc.

(4) this class of accounts: production costs, manufacturing costs, etc.;

(5) profit and loss accounts: income from main business, main business, administrative expenses, etc.