LPC Paper 4 · Legal Accounting
Legal Accounting Syllabus
The complete LPC competency exam coverage. Expand a section to explore its topics and track your study status.
Double-Entry Principles
Debits and credits, the accounting equation, and source documents.
Books of Prime Entry
Cash receipts, cash payments, journals and the petty cash book.
Ledgers & Trial Balance
General ledger and subsidiary ledgers; ledger vs ledger account; opening/closing balances; trial balance.
Core Accounting Concepts
Assets, liabilities, income, expenses; fixed vs variable costs; business vs private expenses.