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Accounting question

onethreefive · 2014-05-10 11:54:27

Hi, I am doing OL Accounting and I am trying to get an A1 in it. I am currently practicing Cash Budgets. I am doing the 2011 one at the minute. I am using the marking scheme to help make sense of it. I am stuck on April's Cash for Purchases. The marking scheme says it is 33,800 but I keep working it out as 59,800. Could…

10-05-2014 12:54pm

#1

onethreefive

Closed Accounts Posts: 3,799 ✭✭✭

Join Date: August 2013

Posts: 3703

Hi,

I am doing OL Accounting and I am trying to get an A1 in it. I am currently practicing Cash Budgets. I am doing the 2011 one at the minute. I am using the marking scheme to help make sense of it. I am stuck on April's Cash for Purchases. The marking scheme says it is 33,800 but I keep working it out as 59,800.

Could anybody tell me if this is a mistake in the marking scheme or am I making a mistake somewhere?

Thanks

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Comments

#2 10-05-2014 10:21pm

ccazza

Registered Users Posts: 272 ✭✭

Join Date: December 2011

Posts: 253

It's 59800-26000 which was already paid in March which gives 33800.
Hope that helps!

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