Payable in Financial Position StatementForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Payable in Financial Position StatementThis topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts October 16, 2016 at 5:18 pm #343483 aw16MemberTopics: 9Replies: 8☆Dear Sir, Am I right to say when the credit balance of Trade Payable for the end of financial period was given. It means the total discount received of the period had been deducted and this figure is a net amount we can book in Financial Position statement ? October 17, 2016 at 8:04 am #343939 John MoffatKeymasterTopics: 57Replies: 54462☆☆☆☆☆You are right (unless of course the question says that for some reason the discount had not been dealt with correctly).AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In