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books of prime entry

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › books of prime entry

  • This topic has 3 replies, 2 voices, and was last updated 1 year ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • September 28, 2018 at 4:39 pm #475945
    Avatarsuleymanabuzerli
    Member
    • Topics: 84
    • Replies: 32
    • ☆☆

    in which book of prime entry would discount allowed be recorded?

    cash received book
    cash payments book
    sales day book
    purchases day book

    the answer have been taken “cash received book”
    this is correct?

    and sales day book?

    September 29, 2018 at 10:28 am #475969
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    It is the cash received book.

    You know about whether or not a discount is being taken when the payment is received, and so it is in the cash received book that it would be noted.

    (It would not be in the sales day book, because when the sale is made you don’t know whether or not they will take the discount)

    November 3, 2024 at 8:47 pm #713002
    Avatarokegods
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    Please, how can I get a free video on books of prime entry

    November 4, 2024 at 7:54 am #713011
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    They have been removed from the syllabus (the posts in this thread are from 6 years ago and then they were in the syllabus).

  • Author
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