Building account is nominal account.
1. [Debit] Building account xxxx [Credit] building fund account xxxx
This type of account is called "foreign currency account".
Revenue account
[Debit] bank account [Credit] Building loan
A Drawing account is a contra capital account and is used by a proprietor type business. It is for recording the owner's withdrawals of the company's assets.
1. [Debit] Building account xxxx [Credit] building fund account xxxx
[Debit] Building account [Credit] Cash / bank
There are many banks or building societies that offer a passbook savings account to customers. One can get them from 'Yorkshire Building Society', 'Chelsea Building Society' and 'West Bromwich Building Society'.
This type of account is called "foreign currency account".
A checking account
Revenue account
[Debit] bank account [Credit] Building loan
Personal account
A greek civic building.
Credit your capital account, debit the freehold property account
balance sheet account liability
A Drawing account is a contra capital account and is used by a proprietor type business. It is for recording the owner's withdrawals of the company's assets.