Parent Child count- so complicated!

Hi Guys
I have a dataset where there are parent and child products.
Each parent has got a unique code(P1,p2 etc) and a link code (L1) on their account
and each child of the parent has got a seperate code (C12) but they share the same account no.
I want to count the parent and children
Here is the ddl with the desired output.

create table #Something
(
Line_no int,
code varchar(5),
AccountNo char(5)
)

insert #Something
select 12311, 'P1c', 'Ac115' union all
select 12311, 'L1', 'Ac115' union all
select 123, 'C1', 'Ac115' union all
select 1222, 'C1', 'Ac115' union all
select 1243, 'C1', 'Ac115' union all
select 433, 'P1a', 'Ac111' union all
select 433, 'L1', 'Ac111' union all
select 4331, 'C1', 'Ac111' union all
select 543, 'C1', 'Ac222' union all
select 544, 'C1', 'Ac222' union all
select 4322, 'P1b', 'Ac222' union all
select 4322, 'L1', 'Ac222' union all

select 8766 'P1d' , 'Ab111' union all
select 8766 'L1' , 'Ab111' union all
select 8767 'C1', 'Ab111' union all
select 8789 'P1d', 'Ab119' union all
select 8766 'L1', 'Ab119' union all
select 876654 'C1', 'Ab119' union all
select 876655 'C1', 'Ab119' union all
select 876698 'P1a', 'Ab117' union all
select 876698 'L1', 'Ab117' union all
select 987 'C1', 'Ab117' union all
select 555444 'P1d' 'Xcv' union all
select 555444 'L1' 'Xcv' union all
select 6754 'C1' 'Xcv' union all

select * from #Something

drop table #Something


Desired output is:

[Parent code] [Parent line Count] [Child line Count]

P1c 1 3
P1a 2 2
P1b 1 2
P1d 3 4

Thanks