1. Partnership appropriation account, interest on capital, partner salaries, profit sharing ratio, current account balancing, equity calculation

2. Statement of financial position, non-current assets, current liabilities, trade payables, trade receivables, allowance for irrecoverable debts

3. Manufacturing account, prime cost, factory overheads, depreciation reducing balance, work in progress, factory indirect wages adjustment

4. Income statement preparation, administration expenses prepayment, accruals, depreciation charge, gross profit, net profit calculation

5. Accounting concepts, accruals and prepayments, matching concept, liquidity ratios, current ratio, acid test ratio evaluation

6. Liquidity improvement methods, cash flow management, inventory reduction, receivables collection, short-term liabilities control, working capital optimization