how to prepare ledger accounts and journal entries for: non-current assets (acquisition and revaluation), depreciation and disposal (including entries for part exchange)

how to calculate and record the adjustments needed and the effect on financial statements in respect of: accruals and prepayments of income and expenses, irrecoverable debts, irrecoverable debts recovered and allowance for irrecoverable debts, depreciation, inventory valuation, correction of errors

the role of books of prime entry in the recording of business transactions: sales journal, sales returns journal, purchases journal, purchases returns journal, cash book, general journal