unit 3 sim

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Has anyone else found this a nightmare?<BR><BR>i couldn't get the cash book and bank statement to balance, the question for the £2400 rent, now i just deducted this amount from the total amount for the cheque of that date so the sales ledger column amount reduced and the rent recieved showed the £2400, anyone do the same, was that right?<BR><BR>My trial balance would not balance, i tried and tried with this sim but nothing was working out. i've found this the sim soooooooo frustrating,worst one so far. just wandering what others thought of this one?<BR>

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    unit 3 sim

    Hi ya,<BR><BR>I have jsut done Unit 3, i too thought it was a 'mare'. am waiting on it to be returned to me, i couldn't get the TB to balance either, but i don't recall seeing anything about rent for £2400. but my cash book and bank statement did balance.<BR><BR>Would be interested to know how you get on.<BR><BR>Regards<BR><BR>Georgie
  • System
    System Posts: 100,534 🤖 Admin 🤖
    unit 3 sim

    If it's the same sim I took, then there is an error somewhere that means your trial balance won't balance. Spent ages wondering where the problem was before opening a suspense account and giving up. <BR><BR> I don't recall having problems with the bank rec though and just can't recall in enough detail to comment on the rent.<BR><BR>Good luck<BR><BR>Chris
  • System
    System Posts: 100,534 🤖 Admin 🤖
    unit 3 sim

    I couldn't get my bank rec to balance, this is what i had<BR><BR>Bank Statement Balance ;742.33<BR><BR>Oustanding Lodgements: 5744.66<BR><BR>Cheques not yet cleared: 856.00 and 3436.32<BR><BR>Cash Book Balance: 4420.98<BR><BR>Leaves imbalance of 2194.67, i have gone through this over and over and cannot figure out what i did wrong, there was a question in the book stating that a cash book entry was entered into the sales ledger column of the cash book incorrect and that 2400 should be entred in the rent received column, the amount of the cheuq for that date was 5488.47 so i deducted 2400 from sales ledger column and put this in rent received and the remaing balance of the cheque 3088.47 i left in the sales ledger column, does anyone recall this question and if they did it the same way.<BR><BR>I took a photcopy of the skills test before i handed it back for posting, i have gone through it so many times and cannot work it out! i'm not going to give up til it makes sense to me lol
  • System
    System Posts: 100,534 🤖 Admin 🤖
    unit 3 sim

    did you include or exclude cheqes from the previous period !!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    unit 3 sim

    I got the bank rec to balance but messed up the last 2 trial balance questions...grr!<BR><BR>It was definately a hard one - I had to go in friday for an extra hour to answer 3 questions...one of them was rock hard! it was about T accounts for doubtful debts and it was not well written!! <BR><BR>I fear I have failed!

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