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Shares and final accounts

  • 1 post
  • # 55013

Hello, I'm trawling my way through level 3 manual Bookkeeping with IdealSchools. I am very very stuck on the final accounts of limited companies, especialy where the issue of shares are concerned. I just can't seem to get my head around this subject. Is there anyone else out there in the same position? Is anyone else doing level 3?

  • Fellow PM.Dip
  • Practice Licence
  • 144 posts
  • # 55021

I've just completed my manual level 3 exam, got 92%, a bit lower than I was hopping but not bad.  What part of shares are you having problems with?

  • Member PM.Dip
  • Practice Licence
  • 43 posts
  • # 55040

Yes, it took me a while to get my head round it. I spoke to Alan at Ideal schools, once I spoke to him it all started to make sense. Thats what they are there for, have you spoke to them for advice?

  • 8 posts
  • # 55144

Please can someone reasure me this is how to reconcile
Thanks
Statement
reciepts payments

Income outgoings
cash/book
reciepts Dr payments Cr
(outstanding lodgement)  Unpresented Cheques
reconcilliation
cashbook Bal
add income
      unpresented cheques (Cr from Cash/book)
less outstanding lodgements (Dr from Cash/Book)
       outgoings from bank
Statement Bal

  • Fellow
  • 698 posts
  • # 55155

Mr H

Pleased make sure you use the right forums and do not just dump you posts into any old topic

Kind Regards
Stuart

  • 8 posts
  • # 55162

Stuart Wildman said:

“Mr H

Pleased make sure you use the right forums and do not just dump you posts into any old topic

Kind Regards
Stuart”

Sorry Stuart if this question was to difficult to answer, it would be nice if you could use a bit more tact, as people dump rubbish not question that are important to them.
Kinde regards
Mr H

  • 180 posts
  • # 55163

I think that perhaps the question was too difficult for anyone to answer, unfortunately you cannot really reconcile anything from what has been shown in the posting.

Also, given the general drift of the posting it should (with more content) have been started as a new thread where you may have got a more direct and appropriate answer.

The problem with adding to an unrelated thread is that it gets bogged down in the original thread and also jumbled up with answers in the original thread and the answers that you are looking for.

Geoff Smith
accountsLEGAL

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