Customers and suppliers
Keep track of who owes you and who you owe: read the accounts, chase what is late, agree supplier statements and plan what to pay.
See the first roomHow to read a customer's account
Rooms in this module
How this works
Each room answers one problem. A task is a few lines of reading, then questions you answer in the books: post to an account, type a figure, sort, match or write a journal. Every answer is marked at once, with the rule behind it. There are no videos.
Words in this module
- Statement of account
- A statement of account lists the invoices, credit notes and payments between a seller and one customer, and the balance owed.
- Trade receivables
- Trade receivables is the money that customers owe a business for sales made on credit. It is an asset.
Questions
How many rooms and questions are in Customers and suppliers?
5 rooms and 49 questions. Every question is marked at once.
How long does it take?
About 43 minutes in all. A room takes 8 to 10 minutes, so you can do one at a time.
Is it free?
No. These rooms need Premium. Each room shows the start of its first task before you pay.
What should I do first?
Purchases day books. It is the module before this one in Business documents and transactions.