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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Discount received

  • This topic has 3 replies, 3 voices, and was last updated 2 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • March 2, 2024 at 10:41 am #701655
    miracle657
    Participant
    • Topics: 65
    • Replies: 26
    • ☆☆

    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
    • Replies: 129
    • ☆☆

    Cash payment side as we get it for prompt payment.

    March 4, 2024 at 3:11 pm #701938
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    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: 54835
    • ☆☆☆☆☆

    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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