Purchase book are recorded —side of book
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Total of purchase book is posted on the debit side of Purchases A/c. A Purchases Book is a subsidiary book or a sub-division of Journal. Thus, all the entries related to credit purchases of goods are first recorded in Purchases book and then the posting is made to the respective ledger accounts
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Total of purchase book is posted on the debit side of Purchases A/c. A Purchases Book is a subsidiary book or a sub-division of Journal. Thus, all the entries related to credit purchases of goods are first recorded in Purchases book and then the posting is made to the respective ledger accounts
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