Home For AAT student members AQ 2013 AAT Level 3 (Level 6 in Scotland)
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚

administration expenses

adamkadamk Just JoinedRegistered Posts: 1
If you have got a opening bal on both sides and a closing bal on both sides, and on the debit a entry from the bank , how would you close this off?


  • EsmeEsme Experienced Mentor Registered Posts: 711
    I don't understand what you mean, u cant have balances on both sides, do u mean entries on both sides? Admin expenses should always be brought down on the debit side.
  • BluewednesdayBluewednesday Font Of All Knowledge Registered Posts: 1,624
    Are there prepayments brought and carried down?

    That might explain entries on both sides
Sign In or Register to comment.