How To Purrfect AAT Accruals and Prepayments
Boris is still struggling a bit on his AAT accruals and prepayments! He asked the following question, to try and straighten things out in his head… “I wonder if I could seek your assistance in ensuring that I have grasped the accrual and prepayment accounts correctly. My understanding is: DEBIT EXPENSES Expenses are DEBITS Prepaid […]
How To Post And Balance Off The AAT’s 3-Column Cash Book
Is posting to the 3-Column Cash Book driving you barking mad? Posting and balancing off the AATs 3-column cash book has always been a bit of a tricky one for students. So, in this blog, we will run through the major points and will also go through a worked example. As you will know, there […]