June 2025 ACCA Exam Results

Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

About settlement discount.

This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
November 4, 2021 at 6:43 pm #639932
hermela
Participant
- Topics: 18
- Replies: 7
Can we debit settlement discount on our payable ledger even if we know that we cant take the discount?
November 5, 2021 at 9:10 am #639974
John Moffat
Keymaster
- Topics: 57
- Replies: 54705
No. It is only recorded as and when we actually take the discount. If we do not take it then it is not recorded.
I do explain how it is dealt with in my free lectures.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.