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Post Info TOPIC: Kaplan Practical Bookkeeping.


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Kaplan Practical Bookkeeping.
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I am currently working my way through Kaplan's practical bookkeeping Can anyone confirm that in Chapter 17  page 287/88 Illustration 1 - Opening balance The Debit balance of £12.700 should in fact be a CR Balance.

I have found several previous small typo errors in earlier chapters but this one has had me scratching my head for the last 30 Minutes

Is it just me being thick or am I going completely Ga-Gablankstare

Steve

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Afternoon Steve

yeh, you're right, the opening balance on the PLCA should in fact be a credit otherwise your suppliers owe you money !!

Gemma

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Hi Gemma

Thanks for confirming that. Its good to know that I havent completely lost the plot!!!

Incidentally I have just found another blooper. Illust 8 on page 307/308 does its best to try to convince me that doubling £127 = £354 but I'm not falling for it.

Perhaps I'll make a better bookkeeper than I thought. blankstare

Steve

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Hi Steve

I have to concur, there is no way that 127 doubled is 354 - unless this is the figure the finance director wanted it to be !!!!

either 127 is 50 too light, or 354 is 100 too high !!

obviously someone at Kaplan are not doing a very good job of proof reading the text before publicationsmile

Gemma

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I too have kaplan however icb did send an update sheet with the book

showing all errors and corrections, i spent a happy half hour plodding through

the pages crossing out and writing the corrections at the top of each page

concerned. I had to do this in case i lost the sheet.

It was a good job i did because i left the said sheet when visiting grandchildren.

So if anyone needs to know anything i can at least let you know by checking in the book

for you.

As annoying as it is look on it as good practice for when you go self employed, from what i

hear it sounds like it will be a large part of the job anyway.

Happy hunting

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