- reporting

Relations: capital, assets, liabilities

- Impact of debits on Asset Account

- Principles of Debit and Credit (http://www.futureaccountant.com/accounting-process/study-notes/accounting-principles-rules-of-debit-credit.php )

- Fixes Assets depreciation

- Working Capital

- Items with monetary value – definition

- Investment - impact on the balance sheet

- Revenues and expenses recognition

- Cash borrowing effects

- Cheque payment - Effect on assets / liabilities

- Unearned revenue / expense; accrual / deferral

- Double entry system – definition and rules

- Change in Assets – impact on the balance sheet

- Explanation - effect of chosen transactions on the income statement.