Forums › ACCA Forums › ACCA FM Financial Management Forums › payables mangement Early settlement discount (plot co 12/13 and zps co 6/11).
- This topic has 3 replies, 2 voices, and was last updated 9 years ago by John Moffat.
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- November 20, 2014 at 9:29 pm #211748
hello sir first of all thanks alot for the great help you are doing π .
dear sir i have a confusion here in the 1st question i.e (plot co 12/13) they are calculating trade payable after discount as 456000x1x0.99×30/365 but in next question(zps co 6/11) they are calculatingafter disount trade payables as 900000×30/365 my confusion is that why they are not taking into account of settlement discount of 0.5% in zps co but in plot co they did take into account.Iam reffering to the examiners answer. πNovember 21, 2014 at 12:24 pm #211876You can do either – sometimes the examiner does take off the discount and other times he does not! He has said he will give full marks either way.
November 21, 2014 at 6:48 pm #212014thank u so much π
November 22, 2014 at 10:19 am #212124You are welcome π
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