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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Early settlement discount
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.
Yes you can (as I do state in my lectures). The examiner allows either.
