If the bank account is overdrawn you’d be starting with a “debit balance” in your bank. You could show it as this in the reconciliation OR show the balance as a minus figure.
Thank you for such useful videos. I just watched your video on ways of studying aat. I'm thinking to study the book keeping cpurse. For self study which books would your recommend? And could you kindly recommend any providers for the 'Organised self study'? And finally, if I want to enter the work market ASAP,, is it better to study the accounting course or just the bookkeeping course? Thank you
Hi, I would recommend the accountext books, if you use code will20 you’ll also get 20%. In my opinion these are the best to self study with. In terms of the provider have a look at Training Link!
Super handy - thank you!
Brilliant, thank you for explaining anomales!
First, Thank you
Second, If the bank statement shows the overdraft/Overdrawn balance then how we would treat in B.Reconcilation? Thanks
If the bank account is overdrawn you’d be starting with a “debit balance” in your bank. You could show it as this in the reconciliation OR show the balance as a minus figure.
Thank you for such useful videos. I just watched your video on ways of studying aat. I'm thinking to study the book keeping cpurse. For self study which books would your recommend? And could you kindly recommend any providers for the 'Organised self study'?
And finally, if I want to enter the work market ASAP,, is it better to study the accounting course or just the bookkeeping course? Thank you
Hi, I would recommend the accountext books, if you use code will20 you’ll also get 20%. In my opinion these are the best to self study with. In terms of the provider have a look at Training Link!