Possibly not the best day to ask a question!

I don't do tax returns; I'm just generally very busy with other stuff. :)

But...

Think the journal through in stages, separately, rather all in one - once you them down on paper, then and only then can you consider lumping it all together as a single journal. And try to attack those stages in a logical order. Using the details in the image, for example, you should probably thinking about the addition first, then the disposal, then the CC payment, then the loan agreement.

And don't attempt to build up values as the totals of others - the end result needs to be clear. In your journal, for example, the cost of the new vehicle would be shown as multiple figures that would need to be totted up. That lacks the clarity of a single entry for actual cost with details that state exactly what it is.

So, given that the vehicle cost £30,300 including VAT of £5,000 and vehicle tax of £300, think about the necessary lines of the journal for those items, as if that was all you were posting. The result will be an imbalanced journal, leading to the question "where did the funds come from?"

That's when you move onto the next stage. The first source is the disposal, so you need to think about and add the relevant lines for that. Take the cost and depreciation values from where they currently sit on the balance sheet, and think about where they need to go - along with the proceeds - so that you can show a profit or loss on the disposal of a motor vehicle. And don't forget where the VAT needs to be posted on that transaction.

Then you can add the credit card payment to the journal, appropriately worded.

Then the loan agreement - hint: if you've followed each step above (and got the numbers right) this SHOULD be a single line that balances the journal.

Well, at a quick glance that appears to put the right total amounts in the right accounts - £30,000 in vehicle costs for the new vehicle, £18,000 out for the old (and £10,500 out for the depreciation), and so on.

However - and bear in mind I'm not actually formally qualified, so I don't know what an examiner would think - one of my golden rules is for the end result to have clarity. I'd expect to be able to go into any one of those individual accounts and see figures that are meaningful. Consider if that was a real set of accounts you were working on, and you came back to look at these figures in six months, a year, two years later. Would they make sense?

For example, I'd expect to be able to go into "Motor Vehicles - Cost" and see:

1) An entry to remove the cost of the old vehicle - that'll be the credit of £18,500, worded such that I know it's the disposal of a vehicle (and which one if necessary). You have that (with as much detail as you've been provided), so fair enough.

2) An entry (singular) to show the cost of the new vehicle on the debit side - but you have "Part exchange on old vehicle" of £7,000 and "Balance new vehicle" of £18,000.

Similarly, I'd expect to go into "Profit & Loss on Asset Disposal" and see three lines: Firstly, the proceeds from the disposal, on the credit side, and secondly its net book value on the debit side. Instead you have a single line, "Loss on Disposal of Old Vehicle" which (in effect) doesn't show its working.

If you look back at what I said, I suggested a logical order - which if you go back to the original question, is the order the information is given. If you follow it through, you should get not just the right results, but meaningful ones.

Think of the individual parts of the question separately first. The first part says:

"Purchased a new vehicle for £30,300.00. This included VAT of £5,000.00 and £300 for vehicle tax for the first year to 31 December 2016."

So that's three debits to think about, which I'll give you - the net cost of the vehicle, the VAT, and the vehicle tax:

0050 - Motor Vehicles Cost - Purchase of new vehicle - DR £25,000.00
2201 - VAT on Purchases - Purchase of new vehicle - DR £5,000.00
7300 - Motor Expenses - Vehicle tax to 31/12/2016 - DR £300.00

Those should be your first three lines.

You then add the lines for the next part of the question: £7,000 plus VAT given for the old vehicle in PX - one line for the £7,000 net proceeds (to the P&L disposals account), and one line for the VAT.

Then add the lines to complete the disposal part - as you've done, credit the cost value and aggregate depreciation to the cost and depreciation accounts - and the net of the two goes to the P&L disposals account. (This isn't breaking the sequence of the question - it's handling the disposal).

The next part of the question is the credit card payment, so add the necessary lines for that.

And finally, the loan.

Ive not read everything, sorry, can't see it all too well as I've lost my glasses! A suggestion....forget sage for now.

Draw up your t accounts for each of the items individually, then write out the list of debits and credits. Will take a look once I've found my glasses.