SHORT TEST 3 - FRA PREMIER TRAINING

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Hiya,

Doing the above test for Arthur Manderson

Have bank as £ 42310
Have purchases at £34890

Having trouble with the sales, got it at £20800

Can anyone tell me if these figure are anywhere near right, doing my head in!

Thanks

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:SHORT TEST 3 - FRA PREMIER TRAINING

    Ok I have now got the sales at 54110

    Now I am struggling with the closing stock amount, got a feeling this is staring me in the face and I am going to feel really :oops: soon!

    Can anyone help me out on this one please be much appreciated
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:SHORT TEST 3 - FRA PREMIER TRAINING

    Is the closing stock £5300, this assignment is driving me nuts, can anyone let me know if i am on the right track with any of this, pretty please????
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:SHORT TEST 3 - FRA PREMIER TRAINING

    Have you been on Premier site on VIP - there is a aurther maderson help sheet on there!!!
    Amanda
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:SHORT TEST 3 - FRA PREMIER TRAINING

    I have the help sheet but am still struggling, i've got the purchases and have now made the sales 11800!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:SHORT TEST 3 - FRA PREMIER TRAINING

    Hi

    sales:

    Cash book 42,310
    + drawings 11,000
    + debtors 2005 9,900
    - debtors 2004 9,100

    sales fig for p+loss 54,110

    i also struggled with this one.

    hope this helps

    debbie x
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:SHORT TEST 3 - FRA PREMIER TRAINING

    oh and yes you have correct fig
    for stock :)
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:SHORT TEST 3 - FRA PREMIER TRAINING

    just noticed you need to include
    opening bal 1,500 to bank acc
    1,500+42,310=43810

    :oops:
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:SHORT TEST 3 - FRA PREMIER TRAINING

    Thank you sooo much, i've been going mad doing this one!

    Will look over my figures again and can hopefully finish this one, much appreciated,cheers
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:SHORT TEST 3 - FRA PREMIER TRAINING

    I am struggling on this one also. Have u managed to work it out?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:SHORT TEST 3 - FRA PREMIER TRAINING

    I think so! I posted it now so will soon see. what bit are you stuck on?

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