AAT Level 2: Principles of Bookkeeping Controls - Trial Balance, Errors & Suspense Account
Hi! I have created Happiness in Accounting channel to help learners in studying AAT Level 2 Certificate in Accounting. I will be sharing some tips and advice on how I've studied the units, and how I've answered example questions. Disclaimer: I am not a professional instructor. I am sharing based on my own experience. The topics in this video are not replacements of your study text books. Please finish studying your corresponding study text books first before watching these videos. If you find this video useful please support our channel by giving us a thumbs up and subscribing to our channel. Thank you. If you have any questions or suggestions, please comment down below. _____________ Terminologies: Terminology / Other Terms Subsidiary Ledger - Memorandum Ledger, Ledger, Individual Account Sales Ledger - Subsidiary Sales Ledger, Receivables Ledger, Receivables, Individual Customer Account Purchase Ledger - Subsidiary Purchase Ledger, Payables Ledger, Payables, Individual Supplier Account General Ledger - Nominal Ledger, Main Ledger Receivables Ledger Control Account (RLCA) - Sales Ledger Control Account (SLCA), Accounts Receivables, Debtors, Trade Debtors, Trade Receivables Payables Ledger Control Account (PLCA) - Purchase Ledger Control Account (PLCA), Accounts Payable, Creditors, Trade Creditors, Trade Payables 00:11 Trial Balance 01:00 Errors 08:06 Suspense Account My Channel here: / @happinessinaccounting Link to Playlist Principles of Bookkeeping Controls: • AAT Level 2: Principles of Bookkeeping Con... #aat #principlesofbookkeepingcontrols #accountinglessons #bookkeepingbasics #bookkeepinglessons #pobc #bookkeepingandaccounting #bookkeeping #accounting