Tina Taylor said:
This is driving me crazy. Has anyone got the Kaplan revision kit that could help please. I can't work out why on earth a vat payment that is in the cash book payments once would be in the vat control account twice. Is this an error?
I emailed Kaplan Publishing in September -
I am having a problem with Practice Question 34 with the VAT control account part of the question. In the answers section part it states that the VAT cash book payment is £23,664.67. I can not work out how this amount was reached. Do you have a complete breakdown of this answer as I am pulling my hair out.
Here was there reply
Thank you for your patience with regards to this query.
We have now had a response and the content specialist has sent the following:
"I can confirm that this is an error as it has been Debited twice in the Control account and also the amount is incorrect. It should be £23599.28."
Hope this lets you move forward.