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Payables

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Payables

  • This topic has 0 replies, 1 voice, and was last updated 4 years ago by Avatarlekriyazo.
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  • November 2, 2021 at 7:57 am #639745
    Avatarlekriyazo
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    • Topics: 5
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    • ☆

    In payable if the company is offered a discount to pay early

    means we have to arrange funds early either from bank overdraft or withdraw from existing investment

    So if benefits from paying early is higher than overdraft interest rate or return from investment

    In this case we should pay early to avail discount benefits

    Correct sir

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