Write the word , term or phrase which can substitute each of the following statement.
An account where total of Purchases Book is posted.

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Solution

There are various subsidiary books are maintained by the business to record specif transactions like sales day book, purchase day book, sales return book, purchase return book, bills payable books, bills receivable books etc.

All credit purchases are recorded in Purchase Day Book. After a period, the total of purchase day book is posted to ledger in "Purchase A/c"

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Write the word , term or phrase which can substitute each of the following statement.An account where total of Purchases Book is posted.

Write the word , term or phrase which can substitute each of the following statement.
An account where total of Purchases Book is posted.