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John Moffat.
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ngoni95
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when calculating interest on new receivables who take a discount, do we deduct discount on the receiivables?
John Moffat
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As I do state in the my free lectures on this, the examiner has not been consistent in his answers – sometimes he has done and sometimes he had not. However he has said that either will get the marks 🙂
ngoni95
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