1. Source documents classification, trade receivables and payables ledgers, discounts posting, credit notes handling, petty cash imprest restoration, journal entries for irrecoverable debts 2. Bank reconciliation benefits, unpresented cheques, outstanding lodgements, dishonoured cheques definitions, trial balance advantages and disadvantages, error types identification 3. Three-column cash book entries, cash and bank balancing, dishonoured cheque handling, cash discount application, trade receivables ledger control account preparation, credit sales management 4. Rent payable account preparation, accruals and prepayments classification, accounting concepts descriptions, financial statements adjustments, period-end balances 5. Revenue vs capital expenditure classification, machine costs allocation, distinguishing expenditure types, depreciation provision calculation, profit or loss on asset disposal 6. Machinery provision for depreciation account, reducing balance method, asset disposal accounting, depreciation charge, balance carry down, financial year-end adjustments