Chapter 3 Bookkeeping Controls Bank Reconciliations AAT Level 2

These videos are for my students and accompany the Osborne Books AAT level 2 Bookkeeping Transaction book - which you need to have open alongside it.
This covers chapter 3 - there are some more worked examples in a separate video
Listen to them before your lessons and it will make the lesson far more effective.

[@rafapak]

this guy is the smartest of all accounting tutors on youtube. Thanks god he tells you to avoid DEAD CLIC.

[@lajlaakaisora106]

Thank you! It helped me to understand the bit I wasn't really sure about (reconciling the balances 1b)

[@cw4490]

Thank godddd this 18min vid is better than my 5h lesson on this topic

[@MichaelNortonFCA]

I'm glad that you like it

[@VegaNorm79]

Thank you for such exemplary breaking down of this area of the Level 2 - very helpful!

[@MichaelNortonFCA]

Thank you

[@georgiacsapo]

Hi Michael, do you have any videos on how to work out differences between the PLCA and Payables ledger; and RLCA and Receivables Ledger?

[@MichaelNortonFCA]

Yep it’s in the principles of bookkeeping controls playlist

[@regularbloke7410]

what documentation is related to cashbook transactions ?

[@VegaNorm79]

Excuse my ignorance - and for clarity purposes - how did you get the carried forward figure of 8181 because I am struggling to find that exact figure?

[@lajlaakaisora106]

Hi it's not a c/f figure but all the position from the debit side of the cash book SUMMED UP. So basically, Michael showed us the cashbook after summing up the figures: debit side = 8181 and credit side = 6374 (only the cash book before fixing it up). I checked with my calculator ;) And then, he wrote the position that appeared on the bank statement (money in) but not in the DR cashbook side. And adding it, he ended up with 10290 on debit side.

[@lauraandrews6341]

Why does the speaker sound weird or is it just mine 🥺

[@Habib-fz3zq]

It is just that when provided with quality free material, your level of gratefullness is to low.