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Debtors journal and debtors allowance journal

6m 4s

Up Next in Term 2

  • Preparing a debtors allowance journal

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

  • Recording debtors payments and settem...

    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.

  • Credit sales recap

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