AAT Approved

Introduction

Premier Training

AAT Advanced Certificate in Bookkeeping Initial Assessment

If you have work experience or qualifications within manual bookkeeping there may an option to claim exemption from the AAT Foundation Certificate and start at AAT Advanced Diploma.


To see if you are exempt take this online AAT course quiz which has questions that are designed to help the tutor’s at Premier Training assess and advise which is the most suitable level for you to start at. If you wish to take the test, please complete then click submit. The quiz is then automatically emailed to a Premier Training tutor for prompt marking and a Premier Training AAT course advisor will contact you with the result.

 

This assessment contains 5 Sections. You should attempt EVERY task.

Each task is independent and you will not need to refer to the answers from a previous task.

Read every task carefully to make sure you understand what is required.

Both minus signs and brackets can be used to indicate negative numbers UNLESS the task states otherwise.

The standard rate of VAT is 20%.

You must use a full stop to indicate a decimal point. For example write 152.75 NOT 152,75 or 152 75.

You may use a comma to indicate thousands, but you don’t have to. For example 150000 and 150,000 are both acceptable.

Where you need to enter a date it should be in the format DD/MM/YYYY. Do NOT use DD.MM.YY or DD-MM-YY.





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Section 1

 

Task a

Here are the cashbook totals at the end of January 20XX:

Cash
£
Bank
£
VAT
£
Trade receivables
£
Cash
sales
£
  Cash
£
Bank
£
VAT
£
Trade
payables
£
Cash
purchases
£
622 4230 80 26104 400 622 4230 40 12325 200

 

The cashbook forms part of the double entry system.  Show the entries needed for the general ledger:

Account name Amount £ Debit / Credit

 

 

Task b

Transfer each of the balances listed to the correct side of the trial balance and calculate the totals for debits and credits.

 

Account name Amount £ Debit Credit
Admin expenses 37350
Bank 6010
Capital 26000
Motor Vehicle 30550
Purchases 183600
Purchase Ledger control 34260
Rent and rates 14625
Sales 253690
Sales ledger control 21480
Travel Expenses 20335
TOTAL

 

 




Section 2

 

Premier Trading pays its employees through the bank every month and maintains a wages control account. A summary of last month’s payroll transactions is shown below.

Item £
Gross wages 200000
Income Tax 27122
NIC Employee 21789
NIC Employer 16228
Pension Employee 10000
Pension Employer 10000

 

Record the journal entries needed in the general ledger to:

Task a

Record the wages expense.

Account name Amount £ Debit / Credit

 

Task b

Record HMRC liability

Account name Amount £ Debit / Credit

 

Task c

Record net wages paid to the employees

Account name Amount £ Debit / Credit

 

Task d

Record the pension fund liability

Account name Amount £ Debit / Credit

 

 




Section 3

 

Here are two general ledger accounts.

Sales ledger control

Date 2017 Details Amount
£
  Date 2017 Details Amount
£
1 Sep Balance b/d 23104 12 Sep Bank 21050
30 Sep SDB 14469 30 Sep Balance c/d 16523
  Total 37573     37573

 

Purchase ledger control

Date 2017 Details Amount
£
  Date 2017 Details Amount
£
15 Sep Bank 1050 1 Sep Balance b/d 16300
30 Sep Balance c/d 26353 30 Sep PDB 11103
  Total 27403     27403

 

Here is the rest of the trial balance as at 30 September 2017:

Account name Amount £ Debit Credit
Admin Expenses 28731
Bank (debit balance) 4620
Capital 20000
Motor vehicle 23500
Purchases 141232
Purchases ledger control  
Rent and rates 11250
Sales 195147
Sales ledger control  
Travel expenses 15644
TOTAL  

 

Task a

Show the balances from the two ledger accounts to be transferred to the trial balance:

 

Sales ledger control

£

Purchases ledger control

£

 

 

Task b

Transfer each of the balances listed to the correct side of the trial balance.

 

Task c

Total both columns of the trial balance.

 

 

 

 



Section 4

 

Task a

Startop’s initial trial balance includes a suspense account balance of £100.

The error has been traced to the Purchases Returns Day Book shown below.

Purchases Returns Day Book
Date Details Credit note returns Total £ VAT £ Net £
30th May Smugs Ltd CN586 1,200 200 1,000
30th May Kiki Traders RT27 720 120 600
30th May Mannering Bros ER239 840 140 700
TOTAL 2,760 560 2,300

 

Identify the error and record the journal entries needed in the general ledger to:

Remove the incorrect entry.

Account Name Amount £ Debit Credit

 

Record the correct entry.

Account Name Amount £ Debit Credit

 

Remove the suspense account balance.

Account Name Amount £ Debit Credit

 

 

Task b

A payment by cheque for window cleaning for £125.00 has been entered in the relevant accounts as £152.00. The window cleaner is not registered for VAT.

 

Record the journal entries needed in the general ledger to remove the incorrect entry.

Account Name Amount £ Debit Credit

 

Record the journal entries needed in the general ledger to record the correct entry.

Account Name Amount £ Debit Credit

 

 




Section 5

 

Task a

Select the correct words which are missing in the sentences below

are two directors who want to discuss proposals. coming to see you this afternoon.

 

 

Task b

Select the correct words which are missing in the sentences below

Over the past years, many people have been organising the meetings get the funding established.

 

 

Task c

Select the correct word to complete the sentence.

It was not clear the business would make a profit this year.

 

 

Task d

Select the correct word to complete the sentence.

The directors wished they could done better.

 

 





Assignment Complete

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