Unit 3 test

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:24AM in AAT student discussion
I have just done unit 3 test and not sure what happened but I know I have failed (didn't balance) if any one has done it could you talk me through the journal part of it I'm really having a problem with that part as we have not been taught this part it was just left to us to work out.
Thank you I'm so worried about the finals. :shock:

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Unit 3 test

    Hi Laura Jane,

    When your TB didn't balance, did you open a suspense account? Possibly you were then given more information and then did you write journals to clear down the balance in the suspense account?
    If you re-read your text book about journals you can get on top of this in case you need to do a referral. Remember that they are like a day book, and are a vehicle to transfer or enter data onto the main ledger. The Debit side should equal the Credit side and you should always write a narrative explaining exactly what the journal is doing, for example:
    "To correct error of transposition from SDB dated 31st January 200X, £194 entered, should be £149, therefore correction value £45".
    Work through as many practise questions as you can, and then do them again and again. I am sure you will be fine, but don't stress out over an exam.

    Best of luck,

    Anne Marie
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Unit 3 test

    Thank you for that I will give it a go and see how I get on Thanks again

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