1. Accounting concepts, liabilities identification, trade discount calculation, depreciation methods, petty cash float restoration, income statement adjustments, outstanding invoices 2. Source documents classification, books of original entry, trade payables ledger control account entries, trial balance preparation, accounting errors, owner’s equity effects 3. Trade discount reasons, credit customer credit balances, accounting software benefits, data protection methods, customer account preparation, computerized bookkeeping advantages 4. Three-column cash book preparation, bank overdraft handling, standing orders, credit transfers, cash discount application, bank charges recording, cash and bank balancing 5. Stationery and insurance account preparation, personal use adjustments, accruals concept application, prepaid expenses, financial year-end adjustments, accounting principles 6. Irrecoverable debts vs provision, provision rate calculation, trade receivables adjustments, provision for irrecoverable debts account, prudence concept application, reducing bad debts strategies