Statement of Affairs

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:30AM in AAT student discussion
Hi all<BR><BR>I am studying Intermediate via Premier Training, and I am doing the Short Test 3 (incomplete records) and have to produce a statement of affairs.<BR><BR>Please could somebody tell me exactly what is required, ie P+L, balance sheet, assets and liabilities, bank acc etc as I cannot find any reference to such a document in my manuals.<BR><BR>Thanks in advance<BR><BR>Tracy<BR><BR>

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Statement of Affairs

    It's ok, I've found the answer, it's a list of debits and credits due on the opening day of the financial period under review.<BR><BR>Tracy

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