Introduction to Bookkeeping AAT Level 2: Study Text and Exam Practice Kit (Q2022) (AAT Level 2 Q2022) - Softcover

Ltd, MarZar

Softcover

ISBN 13: 9798845930385

Publisher: Independently published, 2022

Synopsis

AAT Level 2 Introduction to Bookkeeping (Q2022)

Study Text and Exam Practice Kit

For AAT examinations from 1 September 2022 (Q2022 Syllabus).

This Study Text and Exam Practice Kit is produced by our expert team of AAT tutors. Our team have extensive experience teaching AAT and writing high quality study materials that enable you to focus and pass your exam. Our Study Text and Exam Practice Kits cover all aspects of the syllabus in a user friendly way and build on your understanding by including real style exam questions for you to practice.

This study text and exam practice kit explains the basic principles that underpin a double entry bookkeeping system.

• Business documents such as invoices, credit notes, bank statements, order forms, statements of account, remittance advices and petty cash vouchers.
• Types of discount such as trade, bulk and prompt payment discounts.
• How to enter customer sales invoices and credit notes into a sales day book, sales returns day book and discounts allowed daybook.
• How to enter supplier purchase invoices and credit notes into a purchases day book, purchases returns day book and discounts received daybook.
• Understanding the cash book, specifically how cash and bank transactions are recorded in a cash book and how data is transferred from the cash book to the relevant accounts in the ledgers.
• Understanding the petty cash book, specifically how transactions for petty cash are recorded in a petty cash book and how data is transferred from the petty cash book to the relevant accounts in the general ledger.
• The general ledger, receivables ledger and payables ledger.
• The purpose of a trial balance, the purpose of financial statements, the dual effect of transactions (debits and credits) and the accounting equation.
• The benefits and drawbacks of using digital bookkeeping systems.
• How to process recurring entries for receipts and payments.

We also sell FIVE AAT mock practice assessments for this subject. They are produced by our expert team of AAT tutors, giving real AAT exam style and standard questions that ensure the very best for exam success. All exam style questions have solutions fully explained and revision summaries are also included to revise the syllabus.

Our AAT tutors work extensively to produce study material that is first class and absolutely focused on passing your exam. We hope very much that you enjoy this product and wish you the very best for exam success! For feedback please contact our team aatlivelearning@gmail.com or safina@acornlive.com

Edition details

• Publisher: Independently published
• Publication date: 2022
• Language: English
• ISBN 13: 9798845930385
• Binding: Paperback
• Number of pages: 222