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Forums › ACCA Forums › ACCA FM Financial Management Forums › payables mangement Early settlement discount (plot co 12/13 and zps co 6/11).
hello sir first of all thanks alot for the great help you are doing 🙂 .
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. 🙂
You 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.
thank u so much 🙂
You are welcome 🙂