Purchase Ledger

Business / Accounting / Purchase Ledger: A subsidiary ledger which holds the accounts of a business's suppliers. A single control account is held in the nominal ledger which shows the total balance of all the accounts in the purchase ledger.

Other Words for Purchase

Purchase Verb Synonyms: buy, acquisition
Purchase Noun Synonyms: buy, acquire, procure, obtain, get, secure, pay for
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Bought Ledger

Business / Accounting / Bought Ledger: See Purchase Ledger . MORE

Accounts Payable Ledger

Business / Accounting / Accounts Payable Ledger: A subsidiary ledger which holds the accounts of a business's suppliers. A single control account is held in the nominal ledger which shows the total balance of all the accounts in the purchase ledger. MORE

Subsidiary Ledgers

Business / Accounting / Subsidiary Ledgers: Ledgers opened in addition to a business's nominal ledger. They are used to keep sections of a business separate from each other (eg. a Sales ledger for the customers, and a Purchase ledger for the su MORE

Purchase Returns And Allowances

Business / Accounting / Purchase Returns And Allowances: A contra-purchase account used for recording the return of, or allowances for, previously purchased merchandise. MORE

Purchase Order

Business / Finance / Purchase Order: A written order to buy specified goods at a stipulated price. MORE

Purchases Account

Business / Accounting / Purchases Account: An account in which all inventory purchases are recorded: used with the periodic inventory method. MORE

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