Hello Tutor ,I have an inquiry about a PYq dec 2013 Q3 part (b),PLOT CO
"Product Q trade payables after discount = 456,000 x 1 x 0·99 x 30/365 = $37,105"
Can I calculate without taking into account of early settlement discount?as the bpp textbook ignore the discount to calculate the trade payable.
Thank you.
Ask the Tutor ACCA FM
Early settlement discount
7y ago#1Yes you can (as I do state in my lectures). The examiner allows either.
Sign in to reply to this topic.