Chapter 10 Key Words Flashcards Preview

AAT : Bookkeeping Transactions > Chapter 10 Key Words > Flashcards

Flashcards in Chapter 10 Key Words Deck (2)
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1
Q

Purchase Ledger

A

Collection of Ledger accounts for individual credit suppliers
(not part of the double entry system- a subsidiary ledger)

2
Q

Purchase Ledger Control Account

A

Total trade payables account in the general ledger