How to remember the A/c Codes?

How to remember the A/c Codes?

Here is the Technique!

You must follow Step by Step process to store the A/c codes into your Head!

During this Process you should leave all Exam tension & any other distractions. Only concentrate on this Process. Please remember You should not hurry! The more you hurry you will forget what you remember as you move on to the next step! So You must follow the Process in Calm, Slow and Steady manner. Lets Start!

Technique:

The Process is divided into 3 Steps:

Step 1: Remembering the States (A/c Groups)

Step 2: Remembering the Districts (Main A/c Codes)

Step 3: Remembering the Taluks (Sub Account Codes)

Tips:

Use "Desktop Mode" option in Chrome browser if you are not able to see the A/c Codes Description completely.
To Search the required A/c Code easily use 'Ctr+F' in systems or 'Find in page' option in Chrome browser.

Step 1: Remembering the A/c Groups

This step is again divided into 8 steps!

In each step we will try to remember set of A/c groups.
You will go to next step only if you remember all the A/c Groups in the ongoing step thoroughly.
Let's start with the Step 1.1. Once you sure that you remembered all A/c groups in Step 1.1 then try to tell all the A/c groups without seeing at least 1 to 3 times.
Repeat this process until you able to tell all the A/c groups without seeing in step 1.1 at least 3 times in a row!
Once you able to said all the A/c groups without seeing 3 times in a row you will go to next step 1.2 and repeat the above process from Sl no's 1 to 4
Once you able to say 3 times in a row without seeing of all the A/c groups in step 1.2 then you will try to tell all the A/c groups without seeing in both Steps 1.1 and Step 1.2 together in a row at least 3 times
The same procedure from Sl No's 1 to 6 continues in next step by adding next following step 1.3. Then you will try to tell all the A/c groups without seeing in the Steps 1.1, 1.2 and 1.3 together in a row at least 3 times.
The above procedure continues until you reach Step 1.8 and able to tell all the A/c groups without seeing from Step 1.1 to Step 1.8.

Step 1.1

10 - Fixed Assets
12 - Provision for Depreciation on Fixed Assets
14 - Capital Work-in-Progress
15 - Assets at construction stage
16 - Assets not in use
17 - Deferred costs
18 - Intangible Assets
20 - Investments

Step 1.2

22 - Materials Stock and Related Accounts
23 - Receivables Against Supply of Power
24 - Cash and Bank
25 - Advance to Suppliers
26 - Advance to Contractors
27 - Other Loans and Advances
28 - Sundry Debtors (Trading)

Steps 1.1 & 1.2

10 - Fixed Assets
12 - Provision for Depreciation on Fixed Assets
14 - Capital Work-in-Progress
15 - Assets at construction stage
16 - Assets not in use
17 - Deferred costs
18 - Intangible Assets
20 - Investments
22 - Materials Stock and Related Accounts
23 - Receivables Against Supply of Power
24 - Cash and Bank
25 - Advance to Suppliers
26 - Advance to Contractors
27 - Other Loans and Advances
28 - Sundry Debtors (Trading)

Step 1.3

31 - IUA - Materials
32 - IUA - Capital Expenditure & Fixed Assets
33 - IUA - Remittances to Head office
34 - IUA - Funds Transfer from Head office
36 - IUA - Personal
37 - IUA - Other Transactions / Adjustments

Steps 1.1, 1.2 & 1.3

Step 1.4

41 - Liability for Purchase of Power
42 - Liability of Supplies/Works
44 - Staff related liabilities and provisions
46 - Other liabilities and provisions
47 - Deposit for works
48 - Deposits from consumers and interest payable on deposits

Steps 1.1, 1.2, 1.3 & 1.4

50 - Borrowings for working capital
51 - Payments due on capital liabilities
52 & 53 - Capital liabilities(Other than State Govt. Loans)
54 - Funds from State Government
55 - Contributions, Grants and Subsidies towards Cost of Capital Assets
56 - Reserves
57 - Reserve Funds
58 - Surplus

Steps 1.1, 1.2, 1.3, 1.4 & 1.5

10 - Fixed Assets
12 - Provision for Depreciation on Fixed Assets
14 - Capital Work-in-Progress
15 - Assets at construction stage
16 - Assets not in use
17 - Deferred costs
18 - Intangible Assets
20 - Investments
22 - Materials Stock and Related Accounts
23 - Receivables Against Supply of Power
24 - Cash and Bank
25 - Advance to Suppliers
26 - Advance to Contractors
27 - Other Loans and Advances
28 - Sundry Debtors (Trading)
31 - IUA - Materials
32 - IUA - Capital Expenditure & Fixed Assets
33 - IUA - Remittances to Head office
34 - IUA - Funds Transfer from Head office
36 - IUA - Personal
37 - IUA - Other Transactions / Adjustments
41 - Liability for Purchase of Power
42 - Liability of Supplies/Works
44 - Staff related liabilities and provisions
46 - Other liabilities and provisions
47 - Deposit for works
48 - Deposits from consumers and interest payable on deposits
50 - Borrowings for working capital
51 - Payments due on capital liabilities
52 & 53 - Capital liabilities(Other than State Govt. Loans)
54 - Funds from State Government
55 - Contributions, Grants and Subsidies towards Cost of Capital Assets
56 - Reserves
57 - Reserve Funds
58 - Surplus

Step 1.6

61 - Revenue from sale of power
62 - Other income
63 - Subsidies and Grants (Revenue)
65 - Prior period income

Steps 1.1, 1.2, 1.3, 1.4, 1.5 & 1.6

Step 1.7

70 - Power Purchase Account
71 - Cost of Generation of Power
74 - Repairs and Maintenance
75 - Employee Costs
76 - Administration and General Expenses
77 - Depreciation and Other Costs Relating to Fixed Assets
78 - Interest and Other Finance Charges
79 - Other Debits to Revenue Accounts

Steps 1.1, 1.2, 1.3, 1.4, 1.5, 1.6 & 1.7

Step 1.8

80 - Interest on Belated Payment of Power Purchase Dues
81 - Provision for Income tax for the Year
83 - Prior Period Expenses/ Losses

Steps 1.1, 1.2, 1.3, 1.4, 1.5, 1.6, 1.7 & 1.8
10 - Fixed Assets
12 - Provision for Depreciation on Fixed Assets
14 - Capital Work-in-Progress
15 - Assets at construction stage
16 - Assets not in use
17 - Deferred costs
18 - Intangible Assets
20 - Investments
22 - Materials Stock and Related Accounts
23 - Receivables Against Supply of Power
24 - Cash and Bank
25 - Advance to Suppliers
26 - Advance to Contractors
27 - Other Loans and Advances
28 - Sundry Debtors (Trading)
31 - IUA - Materials
32 - IUA - Capital Expenditure & Fixed Assets
33 - IUA - Remittances to Head office
34 - IUA - Funds Transfer from Head office
36 - IUA - Personal
37 - IUA - Other Transactions / Adjustments
41 - Liability for Purchase of Power
42 - Liability of Supplies/Works
44 - Staff related liabilities and provisions
46 - Other liabilities and provisions
47 - Deposit for works
48 - Deposits from consumers and interest payable on deposits
50 - Borrowings for working capital
51 - Payments due on capital liabilities
52 & 53 - Capital liabilities(Other than State Govt. Loans)
54 - Funds from State Government
55 - Contributions, Grants and Subsidies towards Cost of Capital Assets
56 - Reserves
57 - Reserve Funds
58 - Surplus
61 - Revenue from sale of power
62 - Other income
63 - Subsidies and Grants (Revenue)
65 - Prior period income
70 - Power Purchase Account
71 - Cost of Generation of Power
74 - Repairs and Maintenance
75 - Employee Costs
76 - Administration and General Expenses
77 - Depreciation and Other Costs Relating to Fixed Assets
78 - Interest and Other Finance Charges
79 - Other Debits to Revenue Accounts
80 - Interest on Belated Payment of Power Purchase Dues
81 - Provision for Income tax for the Year
83 - Prior Period Expenses/ Losses

Step 2: Come to this step only if you are able to tell all the A/c groups without seeing from 10 to 83 in the Step 1!

Step 2: Click here..

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