[medsin2]

ATX UK… did tax few years ago, I moved not working in accounts , however would like to refresh, happy to get the book and work through with a study buddy

[medsin2]

I agree with Tahir, c is the correct answer because this is a cash discount which will be reflected in the accounts.
If it was a trade discount, B would have been the answer as trade discounts are not recorded as so do not form part of the double entry system

[medsin2]

Just stop answering the questions on here ok.. Is done and is done

[medsin2]

63. Self study. Open tuition is the best

[medsin2]

I spent few weeks contemplating self study v classroom tuition.. I am more incline to do self study so at the moment I have obtained the P1 BPP text reading through like u would with a novel just to have a gteneral idea of what the subject entails. Equally I have downloaded the past exams questions and anwers going through at the same time to have a general understanding of what the examiner expects and how to structure answers. The last time I sat ACCA paper was in 2008 pretty long time and am finding ways of getting into it slowly.

[Author]

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