In starfish question of december 11
In examiner answer they calculate credit sales 2000x96%x20%=384
However in bpp practise kit they calculate it
Credit sales discount taken up
2000x96%x60%x20%=230
+ credit sales discount not taken up
2000x40%x20%=160
=390
1/ whats the correct calculation?
2/ why they use 60% customer paid it should not be taken right??
Plz clarify my misunderstanding
Waiting for ur reply thanks.
Ask the Tutor ACCA TX-UK
starfish
You must NOT use the past exams from the ACCA website as these have not been updated for changes in legislation that have occurred since then, so many parts of answers are now wrong. Use only your BPP kit for the relevant Finance Act for your exam sitting
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