Help - Extra Questioning Unit 3

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:23AM in AAT student discussion
It's Friday!!!!!!!<BR><BR>I am hoping for a bit of help - please excuse me if I'm being thick!!!<BR><BR>I did my simulation for unit 3 on Tuesday and had a couple of extra questions to answer and one of the questions I just didn't understand!<BR><BR>The question was<BR><BR>What type of transactions would the basis of the entries in a control account for non-trade debtors comprise?<BR><BR>I just don't get what they are after - I have asked several people round the office and they don't understand it either - so can anybody help - please?<BR><BR>Have a good weekend<BR><BR>Thanks<BR>Netty<BR>

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Help - Extra Questioning Unit 3

    Hi<BR><BR>Yeah, see what you mean about the questioning, I wonder if it is referring to entering the net total as sales, vat in the vat account, and the opposite entry into the cash book for the bank account? The transactions being cash ones?????<BR><BR>You're not being thick, the question is awful, not done my sim on this unit yet, hope it's not the same one as this!<BR><BR>All the best<BR><BR>Tracy
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Help - Extra Questioning Unit 3

    <BR>If they're non trade debtors they won't be sales transactions.<BR><BR>A non trade debtor could be a staff loan - perhaps that's all the question wants?<BR><BR>I'm not sure though, I didn't understand that question 100%!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Help - Extra Questioning Unit 3

    Hmmm good point Lilibet, now I'm really, really confused!!!!!!!!<BR><BR>Tracy
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Help - Extra Questioning Unit 3

    Thank you but still confused as you are too!!!<BR><BR>The actual simulation is ok - so don't panic! Just hate the extra questions at the end! But that is it now until June - just want to get it over with now!<BR><BR>Thanks for you help but if anybody else wants to have ago feel free - have a good weekend.<BR><BR>Netty<BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Help - Extra Questioning Unit 3

    I don't if this will help, but the non - trade debtors is usually is open up for rent received only because on sage 50 software this account cannot be done on it, the software was not designed for this.<BR><BR>I dont' know if you can share light on this, hopefully this will help you out<BR><BR>Gavin
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Help - Extra Questioning Unit 3

    Non trade debtors would include - amounts owed for sale of fixed assets<BR>rent receivable<BR>recovery of incorrect payments.<BR>For further info see page 100 BPP Foundation unit 3 book.<BR>hope this helps<BR>trog
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Help - Extra Questioning Unit 3

    <BR>"We love you trog we do!!!!!!!<BR>We love you trog thank you"!!!!!!<BR><BR>Tracy<BR><BR>ps gone a bit mad today, been doing portfolio all weekend, thanx again (I have that book and obviously haven't read that bit)
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Help - Extra Questioning Unit 3

    Thank you all for your help!<BR><BR>Trog you were right - I asked my tutor today at FTC and she said it was Rent Receivable - Page 327 in the FTC purple and white book.<BR><BR>Thanks again for everybody who responded it is nice to know that we aren't alone with problems.<BR><BR>Good luck to everybody who is going to sit the exam on 14th June.<BR><BR>Thanks again<BR>Netty

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