FAPR Ledger Accounts
Jdan95
Registered Posts: 21
Hi,
I'm just doing the first sample cbt on myAAT and on the first question where you reconstruct ledger accounts, does it matter if you enter the figures in the t-accounts in the correct order? On the answers it shows c/d first, then discounts received, then bank. I would always put c/d at the bottom since it's effectively supposed to go just above the total as the balancing figure?
Can't remember if this was ever something i questioned in Level 2 or not.
Thanks
James
I'm just doing the first sample cbt on myAAT and on the first question where you reconstruct ledger accounts, does it matter if you enter the figures in the t-accounts in the correct order? On the answers it shows c/d first, then discounts received, then bank. I would always put c/d at the bottom since it's effectively supposed to go just above the total as the balancing figure?
Can't remember if this was ever something i questioned in Level 2 or not.
Thanks
James
0
Comments
-
Hi, any order is fine for reconstructing the accounts, I questioned that too.
Nicky0
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