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. :) sorry but i accidently posted the question in other forum so i reposted it here
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payables mangement Early settlement discount (plot co 12/13 and zps co 6/11).
11y ago#1Sometimes the examiner takes off the discount and sometimes he doesn't - you can do either way (and the examiner has said that he will give full marks either way).
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