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This topic has 3 replies, 3 voices, and was last updated 11 months ago by John Moffat.

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March 2, 2024 at 10:41 am #701655
miracle657
Participant
- Topics: 65
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Hello dear tutor, discount received is recorded cash received book or cash payment side?
March 4, 2024 at 9:19 am #701908
fredymaila
Participant
- Topics: 48
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Cash payment side as we get it for prompt payment.
March 4, 2024 at 3:11 pm #701938
John Moffat
Keymaster
- Topics: 57
- Replies: 54570
fredymaila: Please do not answer in this forum – it is the Ask the Tutor Forum and you are not the tutor. (But please do help people in the other general Paper FA forum 🙂 )
March 4, 2024 at 3:13 pm #701939
John Moffat
Keymaster
- Topics: 57
- Replies: 54570
miracle657: If it is a settlement discount, then a note will be made of it in the cash payment side of an analysed cash book.
However the analysed cash book is not longer examinable in Paper FA, and all you need for the exam relating to discounts is covered in my free notes and lectures.
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