Unit 3 Senator Safes Osborne Books

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
I'm doing the last practice exam in the Osborne Workbook in preparation for my exam on Tues. on task 2.9 b it asks us to reconcile the sub puchases ledger with the Purchase ledger control account. Usually there out by a discount received amount in this case £500 but my answer comes out with a difference of £1000. in c) they ask for the cause of this and I think the £500 from the PLCA may not have been posted to the Subsidiary ledger but that still leaves another £500 outstanding.

Has anyone done this and got the same answer?
What do you put for the remaining difference of £500 or have I got it all wrong?!?!?

Any help would be great it's starting to make me feel a bit wobbly before my exam now in case I've missed something.
Thanks,
ScoobyDoo

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Unit 3 Senator Safes Osborne Books

    Hi,

    I have just done this practice exam too. The answer I got for 2.9c is that the £500 debit balance for PP Properties may be an error, and that it may actually be a credit balance of £500.

    The only problem with the practice exams in this book, is that there are no answers for them... does anyone know if the answers appear anywhere or does anyone have a copy of them?

    It's difficult revising when you can't check if you're doing it right!!

    Cheers
    Lucy
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Unit 3 Senator Safes Osborne Books

    Hiya,

    You can find the answers o theworkbook on a really helpful site ive found its groups.msn.com/aatfoundation

    I hope this helps

    Te
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Unit 3 Senator Safes Osborne Books

    Thanks Te,

    Just found the answers, you're an absolute angel!! ;o)

    Cheers x

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