A book that contains individual accounts of suppliers is the

Accounts - Principles of Accounts WAEC 2014

A book that contains individual accounts of suppliers is the

  • purchase ledger checkmark
  • general ledger
  • nominal ledger
  • sales ledger

The correct answer is: A

Explanation

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.

Previous Question Next Question

Leave A Comment