Supplier Discount

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
September 6, 2020 at 5:34 pm #583709
james8500
Participant
- Topics: 68
- Replies: 17
Calculating change in payables if supplier is offering a discount for a tigher credit policy (30 days from 90 days).

Is cost of discount factored in when calculating the new payables figure?

Thanks
September 7, 2020 at 9:34 am #583743
John Moffat
Keymaster
- Topics: 57
- Replies: 54858
As I state in my free lectures on this, the examiner has been inconsistent in his answers. Sometimes he factors it in and sometimes he does not, but he has said that he accepts either.
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.