1. Financial Statements & Accounting Equation | Impact of financial statements on business decisions, effects of purchases on the accounting equation, nominal ledger accounts classification. 2. Transactions & Documentation | Recording customer payments with discounts, documents used in credit transactions, purpose of books of prime entry. 3. Trial Balance & Adjustments | Identifying debit side items, impact of unadjusted provisions on financial position, corrected profit calculations after errors. 4. Bank Reconciliation & Control Accounts | Determining cash book balances from bank statements, benefits of sales ledger control accounts, impact of bank transactions. 5. Depreciation & Non-Current Assets | Effects of depreciation, disposal of machinery, capital vs. revenue expenditure classification errors. 6. Financial Ratios & Business Performance | Inventory turnover, trade receivables/payables ratios, improving profit margins, effects of incorrect valuation of inventory. 7. Club & Partnership Accounting | Subscription account adjustments, partnership appropriation items, club financial statements classification. 8. Company Accounts & Share Capital | Equity calculations, debenture classification, statement of changes in equity, journal entries for accounting errors.