FSTP Sample Assesment Task 1 (c)
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Jonathan_Walker
Registered Posts: 23
Please help with this question , it relates to finding opening balance of the cash book.
http://www.aat-interactive.org.uk/elearning/Sample_assessments_AQ2013/AQ2013_FSTP_sample1/
http://www.aat-interactive.org.uk/elearning/Sample_assessments_AQ2013/AQ2013_FSTP_sample1/
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As the question is talking about cash book, you will have to look any money transaction. So we have opening balance on Bank in the main question as 1327(Dr) Plus (receipts) 200100 less (payments) 205158= negative 3732 so will be Credit.0
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