payables ledger

This topic has 1 reply, 2 voices, and was last updated 2 years ago by Kim Smith.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
October 31, 2023 at 1:36 pm #694241
xyzc
Participant
- Topics: 413
- Replies: 175
Obtain supplier statements and reconcile these to payables ledger balances and investigate any reconciling items

Obtain supplier statements and reconcile these to purchase ledger balances and investigate any reconciling items

Should it be payables ledger or purchase ledger. Which statement is correct and better
October 31, 2023 at 1:59 pm #694244
Kim Smith
Keymaster
- Topics: 138
- Replies: 8474
“payables ledger”, “purchases ledger”, “bought ledger” are different names for the same thing. I suggest use whichever term is used in the Q scenario (most likely payables).
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.