This lesson looks at supply and demand and looks at the supply curve in detail.

There are three groups of businesses that exist in an economy. This lesson looks at businesses that are classified into 3 types and the sustainable resources in the sectors.

We take a deeper dive into how to graphically illustrate the supply curve.

Market equilibrium is the point at which demand and supply are the same and demand equals supply. This lesson will explore the relationship between equilibrium price and quantity.

We will be finding out the types of businesses found in the three sectors.

Credit sales are transactions that happen when customers purchase stock without using cash. This lesson will look at the advantages and disadvantages of credit sales and the National credit act.

Debtor's journals are used to record credit sales. This lesson will teach you how to account for these records.

Similar to the debtor's journal but different as the sales column is replaced with the debtor’s allowance.

The debtor will either make a full payment called a settlement or a part payment called installments. This lesson will go into details on how the receipts from the payment/s are recorded as a source document in the CRJ.

We continue to learn how to record debtors payments and settlements and we recap on credit sales.