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payables mangement Early settlement discount (plot co 12/13 and zps co 6/11).

Forums › ACCA Forums › ACCA FM Financial Management Forums › payables mangement Early settlement discount (plot co 12/13 and zps co 6/11).

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • November 20, 2014 at 9:29 pm #211748
    g1rocker
    Participant
    • Topics: 13
    • Replies: 12
    • ☆

    hello sir first of all thanks alot for the great help you are doing 🙂 .
    dear sir i have a confusion here in the 1st question i.e (plot co 12/13) they are calculating trade payable after discount as 456000x1x0.99×30/365 but in next question(zps co 6/11) they are calculatingafter disount trade payables as 900000×30/365 my confusion is that why they are not taking into account of settlement discount of 0.5% in zps co but in plot co they did take into account.Iam reffering to the examiners answer. 🙂

    November 21, 2014 at 12:24 pm #211876
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    You can do either – sometimes the examiner does take off the discount and other times he does not! He has said he will give full marks either way.

    November 21, 2014 at 6:48 pm #212014
    g1rocker
    Participant
    • Topics: 13
    • Replies: 12
    • ☆

    thank u so much 🙂

    November 22, 2014 at 10:19 am #212124
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    You are welcome 🙂

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    Posts
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