A book that contains individual accounts of suppliers is ...
A book that contains individual accounts of suppliers is the
Purchase ledger
General ledger
Nominal ledger
Sales ledger
Correct answer is A
A bought ledger is a system in accounting by which a business records and monitors its creditors. The purchase ledger contains the individual accounts of suppliers from whom the business has made purchases on credit.
Use the following information to answer the given questions \(\begin{array}{c|c} & N \\ \hl...
The rule of accounting equation requires that account payable should be placed under? ...
The assumption that a business has perpetual existence is recognized by ...
Provision for doubtful debts------1,000Cr Bad debts--------500Dr Debtors-------50,000Dr Additiona...
Period 1 N Cash to petty cashier 1000 Petty cas...
The recording phase of accounting is known as? ...
In government imprest system the amount reimbursed is the ...