1. Manufacturing account preparation, raw materials, direct and indirect wages, factory overheads, depreciation reducing balance, straight line method, cost of production

2. Income statement trading section, revenue calculation, returns adjustments, carriage outwards, gross profit determination

3. Profitability analysis, gross profit percentage, return on capital employed, revenue increase evaluation, financial performance indicators

4. Statement of affairs, financial position, non-current assets, current assets, trade receivables, trade payables, provision for irrecoverable debts, reducing balance depreciation

5. Equity account, profit or loss calculation, drawings, loan repayment, goods for personal use, capital adjustments

6. Accounting concepts application, prudence concept, provision for doubtful debts, depreciation method selection, asset valuation accuracy