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- January 29, 2017 at 7:49 pm #370179
Thank you, I thought that there must be an error in the notes too, I just wanted to confirm that this was the problem and not me being monumentally confused… The chapter 6 (where the question is) is about Purchases and Payables, so I doubt we’re supposed to look at it from the supplier’s perspective, also the question does mention the Purchases account and the Discount Received account, it’s the answers that are irrelevant.
The question and the answer is exactly as you’ll find them on the notes (I copy-pasted them), the question is on page 81 and the answer is on page 111.
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