Accruals And Prepayments Example No. 2 As students often take a little while to get their heads round accruals and prepayments, we thought we would work through another example. So
Whilst marking various progress tests and practice assessments, I find there are certain areas that regularly cause students problems. In the AAT Level 3 Advanced Diploma (and within Accounts Preparation /
Here’s a question for AAT Level 4 (Professional Stage) Students: “Is a revaluation gain included in the P&L to the extent that an asset was previously impaired, with any further
Are you ready for your head to hurt!?! Up until 31 March 2015, suppliers making offers of early settlement discounts were permitted to put on their invoice (and account for),
Do You Have to Calculate Settlement Discounts on Credit Notes? Following on from our BLOG on ‘How to Calculate Settlement Discounts’, someone sent us this interesting question: A settlement discount
Explanation of Production Budgets: Dealing with Rejected Items In the AAT Level 4 Budgeting unit, there is normally a question on production budgets that includes working out production levels where
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