FSTP Sample Assesment 1 Q 1.1
Jonathan_Walker
Registered Posts: 23
Please help with the following
The totals recorded in the cashbook are receipts 200,100 payments 205,158.
Assuming there are no adjustments, what will the opening balance of the following year be?
Correct answer is 3731 and I am really struggling to work it out.
You are also given opening and closing balances of trade receivables, payables, inventory, VAT and Bank.
The totals recorded in the cashbook are receipts 200,100 payments 205,158.
Assuming there are no adjustments, what will the opening balance of the following year be?
Correct answer is 3731 and I am really struggling to work it out.
You are also given opening and closing balances of trade receivables, payables, inventory, VAT and Bank.
0
Comments
-
Solved - Receipts + Bank Balance - Payments1
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 341 NEW! Qualifications 2022
- 168 General Qualifications 2022 discussion
- 13 AAT Level 2 Certificate in Accounting
- 59 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
- 93 Software
- 275 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 205 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 585 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