: Sunday: Understand the principles of bookkeeping so that you can prepare and understand financial records. : Monday: Learn about the different types of account and ledgers so that your understanding is taken a stage further. : Tuesday: Study still more aspects of bookkeeping in order to further extend your expertise. : Wednesday: Discover the vital preparatory steps before accounts are prepared so that you know exactly what must be done. : Thursday: Find out how a profit and loss account is prepared and laid out, so that you can understand and use the figures. : Friday: Understand the concept of a balance sheet so that you know the net worth of the business and how assets and liabilities are summarised. : Saturday: Study what must be disclosed in published accounts so that you can obtain key information about almost any company.