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We will be finding out the types of businesses found in the three sectors.
Up Next in Term 2
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Credit Sales
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.
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Debtors journal and debtors allowance...
Debtor's journals are used to record credit sales. This lesson will teach you how to account for these records.
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Preparing a debtors allowance journal
Similar to the debtor's journal but different as the sales column is replaced with the debtor’s allowance.