Suppliers personal account are seen in the
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purchases ledger
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These accounts are seen in the purchase ledger.
- A personal account is one that is used by a single person for their own purposes.
- It's a word used to distinguish them from accounts used for commercial or corporate purposes.
- The buy ledger is a record of a company's suppliers, including who the company has purchased from, what has been paid for, and how much is still owed.
- Accounts payable or trade creditors are shown in the yearly accounts, financial statements.
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