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TRADE RECEIVABLES MANAGEMENT INVOICE DISCOUNTING

This topic has 1 reply, 2 voices, and was last updated 9 months ago by John Moffat.

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May 4, 2022 at 5:42 pm #654940
ngoni95
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when calculating interest on new receivables who take a discount, do we deduct discount on the receiivables?
May 5, 2022 at 6:35 am #654952
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 🙂
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