Unit 30 introduces the concepts of accounting for income and receipts, making and recording payments and preparing accounts to trial balance.

Index to free AAT Unit 30 tutorials

The accounting System

Double entry

Balancing accounts and trial balance

Value Added Tax

The banking system

Process sales and receipts

Processing sales invoices and credit notes

Sales receipts

Recording receipts

Communication with debtors

Legal aspects of making sales

Suppliers’ invoices and credit notes

Purchase invoices and credit notes

Purchase payments

Recording payments

Payments to employees

Petty cash system

The cash book

Bank reconciliations

Journal entries and suspense accounts

The Trial Balance

Control accounts

AAT Unit 30 assessment information

When you have complete the lecture, please take a test