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Lesson 60: Control over payables (creditors)

As we learned with receivables/debtors in the previous lessons, it is equally important that the business put controls in place to ensure that losses are not incurred when transacting with creditors.

Resources
  1. Student Workbook - Lesson 60 [840KB] - download​​​
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  • Home
  • Color Accounting
  • Boot Camp
    • Benefits
    • 0. Introduction
    • 1. Funding Butterfly
    • 2. BaSIS Framework
    • 3. Classic transactions >
      • Tx01. Loan
      • Tx02. Contributed equity
      • Tx03. Repay loan
      • Tx04. Purchase equipment
      • Tx05. Purchase inventory
      • Tx06. Cash Sale COS
      • Tx07. Window cleaner
      • Tx08. Credit Sale COS
      • Tx09. Shop cleaning
      • Tx10. Gift card
      • Tx11. Account received
      • Tx12. Prepaid Sale COS
      • Tx13. Prepaid advertising
      • Tx14. Depreciation
      • Tx15. Advertising
      • Tx16. Pay supplier
    • 4. Summary learnings
    • 5. Business narrative
    • 6. Extenders
  • Curriculum
    • Menu page
  • Store
  • Teachers
  • More
    • Support
    • Gallery
    • LMS plans
    • Contact Us
    • Legal notices >
      • IP Rights