B - Bible Authority
A - Autonomy of the Local Church
P - Priesthood of the Believer
T - Two Ordinances
I - Individual Soul Liberty
S - Saved Church Membership
T - Two Offices: Pastor and Deacon

Believer's Baptism - Water immersion of a born-again believer by the authority of a New Testament Church, picturing the death, burial, and resurrection of Jesus Christ, whereby the candidate testifies he is walking in newness of the Christian life.

The Lord's Supper - Administered by Local New Testament churches to their members, commemorating (remembering) the broken body and the shed blood of Jesus Christ. (Do this in remembrance of me!)