loans
Hi. With a loan sometimes you have to pay an arrangement fee, will this go straight to the P&L, completely avoiding the liability account in the BS? Also in recognising the loan, what is the...
View ArticleA really stupid question
This is as per the title. Can a company spend its share capital? I understand that the share capital transaction can not be a straight Dr Share cap. Cr Bank. Together with share capital can not be...
View Article1.7 question sample assesment 1
I have a problem with 1.7 question I am trying to calculate inventory holding period but not sure how to calculate inventory. I want to use formula for Inventory turnover : Inventory/Cost of Sales x...
View ArticleAccount for inventory
Hello, Ive been trying to figure this out for ages and all the demonstrations I ve seen have been simple rounded numbers. I m new to accounting and can t get my head around this at all, any help would...
View ArticleAAT LEVEL 4 BOOKS FOR SALE
I am selling to the following AAT Level 4 Osbourne Books Analysing Financial Performance (Tutorial & Workbook)Personal Tax (Tutorial)Financial Statements (Tutorial & Workbook)I am looking for...
View ArticleAAT Level 2 Books
I am selling to following AAT Level 2 Osbourne BooksBookkeeping 1 (Tutorial & Workbook)Working in Accounting & Finance (Tutorial & Workbook)Introduction to Costing (Tutorial &...
View ArticleWanted Osborne or kaplan books
Hi, anyone have maybe full set of books for aat level 2 for sale? Perfect will be 2016 but I'm not sure if I should go with kaplan or osborne...?
View ArticleWanted: Level 2 Osborne Books
Hi everyone, looking for Level 2 Osborne books to buy. If anybody has any for sale, please comment bellow Thank you X
View Articlecant access any of the exam questions
I've been having a problem with accessing any of the exam questions on the AAT website for level 2 bookkeeping.can someone please help resolve this problem asap because I have an exam this week on it...
View ArticleThe layout of the Financial Statements
Hello everyone, Is there any rhyme reason for the lay out of the Statement of profit or Loss and the Statement of Financial Position? If so, can anybody offer a reason for it's 3 column layout?There...
View ArticleAAT Level 3: Most Important Tips for Each Of These Topics
Hi all,I am currently doing AAT Level 3, I want to know from someone who has completed this or understands thoroughly what are the most important pieces of advice for:1. Indirect Tax2. Management...
View ArticlePractise Exams
Does any body know anywhere I can get access to other practise exams for decisions & Controls other than the 2 on the AAT site?Thanks
View ArticleHow to view most recent posts in Linked In?
Good Afternoon FolksI hope you’re all well. I go on linked in about twice a day. How do I find out the most recent posts sent by other people in (say) the last 6 hours, so I don't miss out on anything?...
View ArticleNeed help with Chapter 6 - How are people calculating what should be taxable
Hi I am due to sit my PTax exam in the next few days but am still really struggling with how to calculate what income should be taxable...For example say you have £114,000 non savings income, £7,000...
View ArticleTotal Direct Labour Variance practice assessment question
Budget Direct Labour Hours: 5400 Budget Direct Labour Cost: £47250 Actual Direct Labour Hours: 4230 Actual Direct Labour Cost: £38070 Calculate the TOTAL DIRECT LABOUR VARIANCE I have tried (SH X SR) -...
View ArticleClient fee
Can i ask you lovely members some advice please. I have a client who sent her accounts to be filed back in January. I have spent at least 3 weeks on sorting it out. Within the last month she has sent...
View ArticleTaxcalc vs. Taxfiler
Hello,I am considering using software for the preparation of tax returns and accounts for sole traders. I would like to hear people's experience with either/both. The AAT magazine is advertising...
View ArticleHow to deal with clients who dont have business bank accounts?
Apologies in advance for a stupid question. I spoke to a potential client a couple of days ago. He doesn't have a business bank account. All his business expenses are paid from his personal bank...
View ArticleSample Assessment 2 help needed please
Task 3 the answer under staff parties says 100 under foday's total employment income but i though staff parties is a non taxable benefit up to £150 a head so surely the answer should be 0 if the party...
View ArticleFinancial Statements 2016 for Sale - Brand New (FI)
Hello, I'm selling the course pack Financial Statements with First Intuition 2016, brand new, hasn't been opened from the pack, it comes with a notepad and markers. Price £25 plus postage. Thank you.
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