PPE and Trade receivables calculation for SFP Level 4
vjhoc90
Registered Posts: 3
Hi,
I am completing Mock assessment 1 on the AAT website and I am getting myself confused. Firstly, could some explain how the Property Plant and Equipment comes to £51357 as per the answer sheet? I am getting £46362 as my answer
Also, I have seen on a previous thread that included in the calculation for the trade and other receivables there is a prepayment of £130 for distribution costs, but I can't see where this has come from.
I thought I was finally getting this subject but this has really knocked my confidence, just in time for my exam too.
Any help anybody can give would be much appreciated!
Thank You
Victoria
I am completing Mock assessment 1 on the AAT website and I am getting myself confused. Firstly, could some explain how the Property Plant and Equipment comes to £51357 as per the answer sheet? I am getting £46362 as my answer
Also, I have seen on a previous thread that included in the calculation for the trade and other receivables there is a prepayment of £130 for distribution costs, but I can't see where this has come from.
I thought I was finally getting this subject but this has really knocked my confidence, just in time for my exam too.
Any help anybody can give would be much appreciated!
Thank You
Victoria
0
Comments
-
Ok so have just realised where the prepayment for distribution has come from...did not read the info properly (my biggest problem I fear!!)
But could still use help on the PPE if possible?
Thank you!
Victoria0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 328 NEW! Qualifications 2022
- 161 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 57 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 275 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 203 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 584 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership