Accountancy, asked by uknowngirl786, 8 months ago

DEBTOR ACCOUNT ARE FOUND IN THE PURCHASE LEDGERS TRUE OR FALSE?

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Answered by lovleen403

3

The purchase ledger control account, or trade creditor control account, is part of the balance sheet and shows at any given time how much you owe to your suppliers. All of the individual transactions posted to your supplier ledger are included in this account, so any invoices, credit notes and payments are recorded

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